New York S 10115: Prohibits a gas corporation, electric corporation or municipality from charging more than three percent on an annual utility bill

Bill Text

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S10115 Summary:

BILL NOS10115 

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SAME ASNo Same As

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SPONSORMATTERA

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COSPNSR

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MLTSPNSR

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Amd §65, Pub Serv L

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Prohibits a gas corporation, electric corporation or municipality from charging 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.

Go to top S10115 Actions:

BILL NOS10115 

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04/30/2026REFERRED TO ENERGY AND TELECOMMUNICATIONS

Go to topS10115 Committee&nbspVotes:

Go to topS10115 Floor&nbspVotes:

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

Go to topS10115 Text:

 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

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