New York Assembly Bill A06326

New York 2025-2026 Regular Session

• Introduced: 3/4/25
• Refer: 3/4/25
• Report Pass: 5/20/25
• Refer: 5/20/25
• Report Pass: 5/21/25

Caption

Requires gas and electric corporations to provide forty-five days' notice to customers whenever there is a service rate or charge increase.

Impact

The enactment of A06326 could significantly impact the operations of gas and electric corporations in New York by imposing stricter guidelines on how they communicate rate changes to customers. This level of mandated transparency is intended to protect consumers from unexpected price increases, enhancing their ability to budget for utility expenses. Utility companies may need to adjust their operational protocols to accommodate the new requirements, likely incurring costs related to communication and recordkeeping efforts.

Summary

Bill A06326 proposes an amendment to the public service law in New York that specifically focuses on increasing transparency regarding rate changes for gas and electric service. Under this bill, service providers are mandated to give their customers a written notice at least forty-five days prior to any planned increase in service rates or charges. This requirement is designed to ensure that consumers are adequately informed about upcoming costs, allowing them to prepare financially. The bill emphasizes the importance of timely information in fostering better customer relationships and promoting fair practices.

Contention

There may be varying opinions regarding the implications of this bill among stakeholders. Supporters of A06326 argue that it enhances consumer rights and safeguards against sudden economic burdens from rate hikes. They view it as a positive step toward consumer advocacy in the utility sector. Critics, however, might raise concerns about the potential administrative burden on utility companies and the feasibility of implementing extended notification periods, especially in response to rapidly changing energy markets. Balancing consumer protection with operational efficiencies will be a key point of discussion as the bill moves forward.