New York S 5250: Enacts the energy assessment cap and consumer cost relief act

Bill Text

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S05250 Summary:

BILL NOS05250 

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SAME ASNo Same As

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SPONSORCANZONERI-FITZPATRICK

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COSPNSR

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MLTSPNSR

&nbsp

Add §18, Pub Serv L

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Enacts the "energy assessment cap and consumer cost relief act" to limit certain surcharge increases; directs studies on costs associated with environmental and energy laws; directs a study on the value of assets and utility gas infrastructure discontinued as a result of laws and regulatory actions; institutes a moratorium on related surcharges, taxes, fees and cost bearing regulations for five years.

Go to top S05250 Actions:

BILL NOS05250 

&nbsp

02/20/2025REFERRED TO ENERGY AND TELECOMMUNICATIONS

01/07/2026REFERRED TO ENERGY AND TELECOMMUNICATIONS

03/18/2026NOTICE OF COMMITTEE CONSIDERATION - REQUESTED

05/06/2026DEFEATED IN ENERGY AND TELECOMMUNICATIONS

Go to topS05250 Committee&nbspVotes:

Go to topS05250 Floor&nbspVotes:

There are no Assembly votes for this bill in this legislative session.

Go to topS05250 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 5250

 2025-2026 Regular Sessions

 IN SENATE

 February 20, 2025
 ___________

 Introduced by Sen. CANZONERI-FITZPATRICK -- read twice and ordered
 printed, and when printed to be committed to the Committee on Energy
 and Telecommunications

 AN ACT to amend the public service law, in relation to limits on
 surcharge increases; directing a study of the costs associated with
 recent environmental and energy related laws and the value of stranded
 utility assets resulting in discontinuance and/or abandonment of util-
 ity gas infrastructure; and imposing a moratorium on new energy taxes,
 fees and regulations

 The People of the State of New York, represented in Senate and Assem-
 bly, do enact as follows:

 1 Section 1. This act shall be known and may be cited as the "energy
 2 assessment cap and consumer cost relief act".
 3 § 2. The public service law is amended by adding a new section 18 to
 4 read as follows:
 5 § 18. Limit on surcharge increases. Notwithstanding any law, rule,
 6 regulation or order to the contrary, the commission shall not increase
 7 the amount of the surcharge on the system benefit charge or the
 8 surcharge for the renewable portfolio standard or the surcharge for the
 9 energy efficiency portfolio standard or any similar fund that may be
 10 created by order of the commission before the effective date of this
 11 section, whether such fund is new or is a result of combining all or
 12 some of the surcharges referenced herein. Nothing in this section shall
 13 be construed as to prevent the commission from lowering the amount of
 14 any surcharge either individually or collectively from the amount
 15 collected in two thousand nineteen, except that under no circumstances
 16 shall the total cost of those charges exceed the total aggregate amounts
 17 collected in two thousand nineteen.
 18 § 3. The department of public service shall issue a request for
 19 proposals to choose an independent vendor who will perform a thorough
 20 analysis of the costs associated with environmental and energy related

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD04759-01-5

 S. 5250 2

 1 laws, regulations, rules and policies adopted since 2019. Such analysis
 2 shall establish not only the costs already incurred, but also those
 3 anticipated future costs and specific cost impacts on all classes of
 4 ratepayers. A request for proposal shall be issued within 90 days of the
 5 effective date of this act and such study and report shall be completed
 6 within 12 months of the award of the contract. Such report shall be
 7 published on the department's website and provided to the governor, the
 8 speaker of the assembly, the temporary president of the senate, the
 9 minority leader of the senate and the minority leader of the assembly.
 10 § 4. The department of public service shall issue a request for
 11 proposals and choose a qualified vendor to conduct a study as to any
 12 stranded utility assets resulting from legislative or regulatory actions
 13 that, whether intentional or unintentional, lead to the discontinuance
 14 and/or abandonment of utility gas infrastructure. Such study shall
 15 include, at a minimum, an