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S05553 Summary:

BILL NOS05553C
 
SAME ASNo Same As
 
SPONSORCOMRIE
 
COSPNSRFAHY
 
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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S05553 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                         5553--C
 
                               2025-2026 Regular Sessions
 
                    IN SENATE
 
                                    February 24, 2025
                                       ___________
 
        Introduced  by Sens. COMRIE, FAHY -- read twice and ordered printed, and
          when printed to be committed to the Committee on Energy and Telecommu-
          nications -- committee discharged, bill amended, ordered reprinted  as
          amended  and  recommitted to said committee -- reported favorably from
          said committee, ordered to first and second report, ordered to a third
          reading, amended and ordered reprinted, retaining  its  place  in  the
          order  of  third reading -- recommitted to the Committee on Energy and
          Telecommunications in accordance with Senate Rule 6, sec. 8 -- commit-
          tee discharged, bill amended, ordered reprinted as amended and  recom-
          mitted 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 (n) to read as follows:
     5    (n)(i) 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    (A) the name of the utility proposing a rate increase;
    14    (B) the percentage increase to electricity and gas rates for the typi-
    15  cal residential customer;
    16    (C) the percentage increase to electricity and gas rates for the typi-
    17  cal commercial customer;
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD04975-08-6

        S. 5553--C                          2
 
     1    (D)  instructions for where ratepayers can find additional information
     2  pertaining to the rate case; and
     3    (E)  clarification  that this rate increase will not take effect until
     4  approved or modified by the commission.
     5    (ii) Further, within one business day of the publication of the infor-
     6  mation required pursuant to subparagraph (i) of paragraph  (l)  of  this
     7  subdivision,  the  commission  shall  also  require each utility to send
     8  electronic notice of a proposed rate increase via email to all customers
     9  for whom such utility contacts through email, provided that such custom-
    10  ers have been provided an option to opt-out of such  contact,  and  such
    11  email  notice  shall  include  information  identical to the information
    12  provided on the commission's website pursuant to paragraph (l)  of  this
    13  subdivision.
    14    (iii)  In  addition  to  the requirements in subparagraph (ii) of this
    15  paragraph, each utility shall  include  a  notice  of  a  proposed  rate
    16  increase  in each customer's next monthly bill statement and such notice
    17  in the monthly billing statement shall consist of a separate page  which
    18  shall  include  information identical to the information provided on the
    19  commission's website pursuant to paragraph (l) of this subdivision.
    20    § 3. This act shall take effect on the sixtieth  day  after  it  shall
    21  have become a law; provided, however, it shall not apply to any proceed-
    22  ing  before  the Public Service Commission relating to a major change in
    23  rates that was commenced prior to the effective date.   Effective  imme-
    24  diately, the addition, amendment and/or repeal of any rule or regulation
    25  necessary  for  the implementation of this act on its effective date are
    26  authorized to be made and completed on or before such effective date.
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