Assembly Bill A5442

2025-2026 Legislative Session

Enacts the "rate hike notice act"

download bill text pdf

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Current Bill Status - In Assembly Committee

  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Delivered to Governor
  • Signed By Governor

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2025-A5442 (ACTIVE) - Details

Current Committee:
Assembly Energy
Law Section:
Public Service Law
Laws Affected:
Amd §66, Pub Serv L

2025-A5442 (ACTIVE) - Summary

Enacts the "rate hike notice act" which requires utilities in the state of New York to provide notice of a proposed rate hike to a customer via text, email and via such customer's monthly billing statement.

2025-A5442 (ACTIVE) - Bill Text download pdf 

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   5442
 
                        2025-2026 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             February 14, 2025
                                ___________
 
 Introduced  by M. of A. MAMDANI -- read once and referred to the Commit-
   tee on Energy
 
 AN ACT to amend the public service law,  in  relation  to  enacting  the
   "rate hike notice act"
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:

   Section 1. Short title. This act shall be known and may  be  cited  as
 the "rate hike notice act".
   § 2. Subdivision 12 of section 66 of the public service law is amended
 by adding a new paragraph (m) to read as follows:
   (M)  WITHIN  ONE  BUSINESS  DAY  OF THE PUBLICATION OF THE INFORMATION
 REQUIRED PURSUANT TO PARAGRAPH (L) OF THIS SUBDIVISION,  THE  COMMISSION
 SHALL  REQUIRE EACH UTILITY TO SEND ELECTRONIC NOTICE OF A PROPOSED RATE
 INCREASE VIA TEXT TO  ALL  CUSTOMERS  FOR  WHOM  SUCH  UTILITY  CONTACTS
 THROUGH  TEXT.  THE TEXT SHALL INFORM SUCH CUSTOMER THAT SUCH UTILITY IS
 PROPOSING A RATE INCREASE IN THE CUSTOMER'S SERVICE AREA WHICH SHALL USE
 THE FOLLOWING TEXT: "AS REQUIRED BY NEW YORK'S RATE HIKE NOTICE ACT,  WE
 ARE WRITING TO INFORM YOU THAT (INSERT UTILITY NAME) IS PROPOSING A RATE
 INCREASE  OF  (INSERT  PERCENT  INCREASE)  FOR  GAS  AND (INSERT PERCENT
 INCREASE) FOR ELECTRICITY FOR THE TYPICAL  RESIDENTIAL  CUSTOMER  AND  A
 RATE  INCREASE  OF (INSERT PERCENT INCREASE) FOR GAS AND (INSERT PERCENT
 INCREASE) FOR ELECTRICITY FOR THE TYPICAL COMMERCIAL CUSTOMER. FOR  MORE
 INFORMATION  CHECK YOUR EMAIL OR YOUR NEXT MAILED BILL.". IF THE UTILITY
 IS PROPOSING A RATE INCREASE FOR ONLY GAS OR ELECTRIC RATES, SUCH UTILI-
 TY IN ITS TEXT MESSAGE SHALL INCLUDE LANGUAGE RELATING ONLY TO THE  TYPE
 OF  UTILITY  INVOLVED IN THE RATE CASE. FURTHER, WITHIN ONE BUSINESS DAY
 OF THE PUBLICATION OF THE INFORMATION REQUIRED PURSUANT TO PARAGRAPH (L)
 OF THIS SUBDIVISION, THE COMMISSION SHALL ALSO REQUIRE EACH  UTILITY  TO
 SEND  ELECTRONIC  NOTICE  OF  A  PROPOSED RATE INCREASE VIA EMAIL TO ALL
 CUSTOMERS FOR WHOM SUCH UTILITY CONTACTS THROUGH EMAIL  AND  SUCH  EMAIL
 NOTICE  SHALL  INCLUDE INFORMATION IDENTICAL TO THE INFORMATION PROVIDED
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD04975-03-5

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