New York S 6412: Enacts the "ratepayer disclosure and transparency act"

Bill Text

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S06412 Summary:

BILL NOS06412A

&nbsp

SAME ASSAME AS A06152-A

&nbsp

SPONSORO'MARA

&nbsp

COSPNSRBORRELLO, CHAN, GALLIVAN, HELMING, OBERACKER, WALCZYK, WEBER

&nbsp

MLTSPNSR

&nbsp

Add §28, Pub Serv L

&nbsp

Enacts the "ratepayer disclosure and transparency act" which requires a monthly report that includes the estimated or actual ratepayer costs and benefits of any mandated state energy program to the governor and legislature including any New York climate leadership and community protection act compliance costs.

Go to top S06412 Actions:

BILL NOS06412A

&nbsp

03/13/2025REFERRED TO ENERGY AND TELECOMMUNICATIONS

04/01/2025AMEND AND RECOMMIT TO ENERGY AND TELECOMMUNICATIONS

04/01/2025PRINT NUMBER 6412A

01/07/2026REFERRED TO ENERGY AND TELECOMMUNICATIONS

03/09/2026NOTICE OF COMMITTEE CONSIDERATION - REQUESTED

05/06/2026REPORTED AND COMMITTED TO CONSUMER PROTECTION

Go to topS06412 Committee&nbspVotes:

Go to topS06412 Floor&nbspVotes:

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

Go to topS06412 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 6412--A

 2025-2026 Regular Sessions

 IN SENATE

 March 13, 2025
 ___________

 Introduced by Sen. O'MARA -- read twice and ordered printed, and when
 printed to be committed to the Committee on Energy and Telecommuni-
 cations -- committee discharged, bill amended, ordered reprinted as
 amended and recommitted to said committee

 AN ACT to amend the public service law, in relation to enacting the
 "ratepayer disclosure and transparency act"

 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 "ratepayer
 2 disclosure and transparency act".
 3 § 2. The public service law is amended by adding a new section 28 to
 4 read as follows:
 5 § 28. Monthly disclosure and transparency report. 1. The commission in
 6 consultation with the New York state energy research and development
 7 authority shall report monthly the estimated or actual ratepayer costs
 8 and benefits of any mandated state energy program, including but not
 9 limited to programs associated with the New York climate leadership and
 10 community protection act, the renewable portfolio standard, the energy
 11 efficiency portfolio standard, the regional greenhouse gas initiative,
 12 zero-emissions energy credits, renewable energy credits, the temporary
 13 state energy and utility service conservation assessment, and the
 14 systems benefit charge, to the governor, the temporary president of the
 15 senate, the speaker of the assembly, the senate minority leader, the
 16 assembly minority leader, and the comptroller by the last day of each
 17 month.
 18 2. The commission shall create itemized lists of all of the costs
 19 associated with any of the programs listed under subdivision one of this
 20 section or their successor programs as well as any other such program
 21 that will or may cost ratepayers money. Such itemized lists shall be
 22 clearly displayed on the utility billing documents of every resident of
 23 the state on each month's bill, with the name of each such program list-

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD08908-06-5

 S. 6412--A 2

 1 ed in either sequential line bullet points or sequential line numbering,
 2 including but not limited to the following programs or initiatives:
 3 clean energy standard tier one, clean energy standard tier two, clean
 4 energy standard tier three, clean energy standard tier four, offshore
 5 wind initiative, clean energy fund, electric energy efficiency programs,
 6 gas energy efficiency programs, electric heat pump programs, electric
 7 vehicle infrastructure investments, electric generation facility cessa-
 8 tion mitigation program, public policy transmission projects, any local
 9 transmission and distribution projects, earnings adjustment mechanisms,
 10 programs that incentivize distributed energy resources, and energy stor-
 11 age projects.
 12 3. All information reported by the public service commission as
 13 required under subdivisions one and two of this section shall be made
 14 available as a public record and posted to the public se