S 10214 NY
Relates to requiring the public service commission to provide certain information relating to a major change in rates on its website
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Summary
This bill requires the New York Public Service Commission to consider ratepayer affordability when reviewing utility filings for major rate changes, focusing on cumulative rate impacts and the interests of low- and middle-income customers. When approving a major rate change, the commission must publish a written summary on its website detailing the specific actions it took to promote ratepayer affordability during the rate case. The summary must describe the actions taken, evaluate their effectiveness, and provide evidence of success. For multi-year rate plans, the information must be provided for each individual year as well as for the plan as a whole. The bill takes effect 60 days after it becomes law.
AI-generated plain-language summary of the bill text — neutral, and may be imperfect. See the full text below for the exact wording.
Official abstract
Requires the public service commission to post a written summary of the actions taken by the commission or department upon approval of a major change in rates to promote ratepayer affordability and minimizing residential energy burden.
Sponsor (1)
- Erik Bottcher Democratic · primary
Action history (1)
- May 6, 2026 REFERRED TO ENERGY AND TELECOMMUNICATIONS · upper
Text versions (2)
Full text
Full text imported from assembly.state.ny.us
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Bill No.: Summary Actions Committee Votes Floor Votes Memo Text LFIN Chamber Video/Transcript S10214 Summary: BILL NO S10214   SAME AS SAME AS A11021
  SPONSOR BOTTCHER   COSPNSR   MLTSPNSR   Amd §66, Pub Serv L   Requires the public service commission to post a written summary of the actions taken by the commission or department upon approval of a major change in rates to promote ratepayer affordability and minimizing residential energy burden.
Go to top S10214 Text:
STATE OF NEW YORK ________________________________________________________________________
10214
IN SENATE
May 6, 2026 ___________
Introduced by Sen. BOTTCHER -- 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 requirements for the approval of any major rate change
The People of the State of New York, represented in Senate and Assem- bly, do enact as follows:
1 Section 1. Subdivision 12 of section 66 of the public service law is 2 amended by adding a new paragraph (n) to read as follows: 3 (n) (i) The commission shall, in their examination of any filing by a 4 utility that would result in a major change in rates or charges, in 5 addition to any other requirements of this chapter, consider the rate- 6 payer affordability of the filed schedule of rates or charges, with a 7 focus on cumulative rate impacts, the interests of low- and middle-in- 8 come utility customers, and minimizing residential energy burden. 9 (ii) The commission, upon the approval of any major change in rates or 10 charges, shall include in any approving order and make public on its 11 website, a written summary of the specific actions taken by the commis- 12 sion or department during the rate case or hearing to promote ratepayer 13 affordability, as identified in subparagraph (i) of this paragraph. Such 14 summary shall include a detailed description of the specific actions and 15 strategies taken by the commission or department during the rate case or 16 hearing to address each of the required items, an evaluation of the 17 effectiveness or success of such actions, and any information demon- 18 strating such effectiveness or success. If the approving order for any 19 major change in rates or charges includes a multi-year rate plan, the 20 information required pursuant to this paragraph shall be provided for 21 each rate year individually and as an overview for the rate plan as a 22 whole. 23 § 2. This act shall take effect on the sixtieth day after it shall 24 have become a law and shall not affect any proceedings relating to a 25 major change in rates or charges initiated on or before such date.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD15646-01-6
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