Prohibits a gas corporation, electric corporation or municipality from charging more more than three percent on an annual utility bill absent a showing that the charge is necessary to maintain the reliability and safety of the grid.
STATE OF NEW YORK
________________________________________________________________________
10115
IN SENATE
April 30, 2026
___________
Introduced by Sen. MATTERA -- read twice and ordered printed, and when
printed to be committed to the Committee on Energy and Telecommuni-
cations
AN ACT to amend the public service law, in relation to capping the
amount paid towards utility bills on an annual basis
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. Subdivision 1 of section 65 of the public service law, as
2 amended by chapter 789 of the laws of 1930, is amended to read as
3 follows:
4 1. Every gas corporation, every electric corporation and every munici-
5 pality shall furnish and provide such service, instrumentalities and
6 facilities as shall be safe and adequate and in all respects just and
7 reasonable. All charges made or demanded by any such gas corporation,
8 electric corporation or municipality on the monthly utility bill for
9 gas, electricity or any service rendered or to be rendered, shall be
10 just and reasonable and not more than allowed by law or by order of the
11 commission, notwithstanding the foregoing the utility bill annually
12 shall not increase by more than three percent as measured on an annual
13 basis unless a gas corporation, electric corporation or a municipality
14 including the Long Island power authority service provider demonstrates
15 that an increase is necessary to maintain the reliability and safety of
16 the grid. Every unjust or unreasonable charge made or demanded for gas,
17 electricity or any such service, or in connection therewith, or in
18 excess of that allowed by law or by the order of the commission is
19 prohibited.
20 § 2. This act shall take effect immediately.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD15534-01-6
