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A05442 Summary:

BILL NOA05442B
 
SAME ASNo Same As
 
SPONSORMamdani
 
COSPNSRForrest, Levenberg, Shrestha, Brown K, Valdez, McDonough
 
MLTSPNSR
 
Amd §66, Pub Serv L
 
Enacts the "rate hike notice act" which requires utilities in the state of New York to provide notice of a proposed rate hike to a customer via text, email and via such customer's monthly billing statement.
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A05442 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                         5442--B
 
                               2025-2026 Regular Sessions
 
                   IN ASSEMBLY
 
                                    February 14, 2025
                                       ___________
 
        Introduced  by M. of A. MAMDANI, FORREST, LEVENBERG, SHRESTHA, K. BROWN,
          VALDEZ, McDONOUGH -- read once and referred to the Committee on Energy
          -- committee discharged, bill amended, ordered  reprinted  as  amended
          and  recommitted to said committee -- again reported from said commit-
          tee with amendments, ordered reprinted as amended and  recommitted  to
          said committee
 
        AN  ACT  to  amend  the  public service law, in relation to enacting the
          "rate hike notice act"
 
          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:
 
     1    Section  1.  Short  title. This act shall be known and may be cited as
     2  the "rate hike notice act".
     3    § 2. Subdivision 12 of section 66 of the public service law is amended
     4  by adding a new paragraph (m) to read as follows:
     5    (m) Within one business day of  the  publication  of  the  information
     6  required  pursuant to subparagraph (i) of paragraph (l) of this subdivi-
     7  sion, the commission shall  require  each  utility  to  send  electronic
     8  notice  of  a  proposed rate increase via text to all customers for whom
     9  such utility contacts through text provided  that  such  customers  have
    10  been  provided  an  option  to opt-out of such contact.   The text shall
    11  inform such customer that such utility is proposing a rate  increase  in
    12  the customer's service area. Such text shall contain the following:
    13    (i) the name of the utility proposing a rate increase;
    14    (ii)  the  percentage  increase  to  electricity and gas rates for the
    15  typical residential customer;
    16    (iii) the percentage increase to electricity and  gas  rates  for  the
    17  typical commercial customer;
    18    (iv) instructions for where ratepayers can find additional information
    19  pertaining to the rate case; and
    20    (v)  clarification  that this rate increase will not take effect until
    21  approved or modified by the commission.   Further, within  one  business
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD04975-06-5

        A. 5442--B                          2
 
     1  day  of the publication of the information required pursuant to subpara-
     2  graph (i) of paragraph (l) of this  subdivision,  the  commission  shall
     3  also  require  each utility to send electronic notice of a proposed rate
     4  increase  via  email  to  all  customers  for whom such utility contacts
     5  through email, provided that such customers have been provided an option
     6  to opt-out of such contact, and such email notice shall include informa-
     7  tion identical to the information provided on the  commission's  website
     8  pursuant to paragraph (l) of this subdivision. In addition, each utility
     9  shall  include  a  notice of a proposed rate increase in each customer's
    10  next monthly bill statement and  such  notice  in  the  monthly  billing
    11  statement  shall consist of a separate page which shall include informa-
    12  tion identical to the information provided on the  commission's  website
    13  pursuant to paragraph (l) of this subdivision.
    14    §  3.  This  act  shall take effect on the sixtieth day after it shall
    15  have become a law; provided, however, it shall not apply to any proceed-
    16  ing before the Public Service Commission relating to a major  change  in
    17  rates  that  was commenced prior to the effective date.  Effective imme-
    18  diately, the addition, amendment and/or repeal of any rule or regulation
    19  necessary for the implementation of this act on its effective  date  are
    20  authorized to be made and completed on or before such effective date.
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