New York Assembly Bill A07021 Latest Draft

   
  STATE OF NEW YORK ________________________________________________________________________ 7021 2025-2026 Regular Sessions  IN ASSEMBLY March 18, 2025 ___________ Introduced by M. of A. E. BROWN -- read once and referred to the Commit- tee on Corporations, Authorities and Commissions AN ACT to amend the public service law, in relation to providing trans- parency to residential utility and municipality ratepayers on the cost impact of the climate action council's scoping plan The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. The public service law is amended by adding a new section 2 44-a to read as follows: 3 § 44-a. Utility bills; cost impact of New York state climate action 4 council's scoping plan. 1. No later than one year after the effective 5 date of this section, every utility corporation or municipality shall 6 ensure that bills for service to residential customers include a sepa- 7 rate line item for the cost impact of measures taken in accordance with 8 the climate action council's final scoping plan pursuant to article 9 seventy-five of the environmental conservation law. Such measures shall 10 include, but not be limited to, monies spent by the utility corporation 11 or municipality for the purpose of renewable power generation, battery 12 storage, new transmission and distribution lines, costs associated with 13 interconnection of renewable energy projects, any costs associated with 14 rebates or subsidies for customer-owned electric heating, cooling, or 15 cooking appliances, or any other purpose related to compliance with 16 article seventy-five of the environmental conservation law. 17 2. (a) No later than one hundred eighty days after the effective date 18 of this section, the department shall establish a formula that enables 19 every utility corporation or municipality to calculate the cost impact 20 on each residential customer's bill attributed to measures taken in 21 accordance with the climate action council's final scoping plan. In any 22 instance where costs are incurred by a utility or municipality, benefi- 23 cial for both compliance with article seventy-five of the environmental 24 conservation law and for general system reliability and safety for the EXPLANATION--Matter in italics (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD09971-02-5 
 A. 7021 2 1 provision of gas or electric service, such costs shall also be included 2 in the formula provided that such costs cannot be reasonably decoupled. 3 (b) The department shall update the formula on an annual basis and 4 notify every utility corporation and municipality within thirty days of 5 such update. 6 § 2. This act shall take effect immediately.