Prohibits public utilities from passing along the cost of site investigation and remediation efforts on to rate payers

Summary

The legislation adds new rules to the Public Service Law that prevent public utilities from adding site investigation, remediation, and related legal expenses to the rates paid by consumers. Utilities serving more than 75,000 customers must file an annual, itemized report of any such costs with the Public Service Commission, and the reports must be posted online for public view. The measure aims to keep environmental cleanup costs from being passed on to ratepayers.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

Topics

Share