Senate Bill S2424A

2015-2016 Legislative Session

Directs public service commission to require electric and steam corporations to provide rate reductions or refunds for inadequate or interrupted service

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Archive: Last Bill Status - In Senate Committee Energy And Telecommunications 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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Bill Amendments

2015-S2424 - Details

Current Committee:
Senate Energy And Telecommunications
Law Section:
Public Service Law
Laws Affected:
Amd §§66 & 80, Pub Serv L
Versions Introduced in Other Legislative Sessions:
2011-2012: S1981
2013-2014: S593
2017-2018: S2670
2019-2020: S1281
2021-2022: S86
2023-2024: S141

2015-S2424 - Summary

Directs the public service commission to require electric and steam corporations to provide rate reductions or refunds for inadequate or interrupted service; requires electric corporations to reimburse ratepayers for damages to and losses of property and business caused by power outages in certain instances.

2015-S2424 - Sponsor Memo

2015-S2424 - Bill Text download pdf

                            
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  2424

                       2015-2016 Regular Sessions

                            I N  S E N A T E

                            January 23, 2015
                               ___________

Introduced  by Sen. GIANARIS -- 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 the power of the
  public service commission to require refunds of or reductions in rates
  for inadequate or interrupted electric or steam service

  THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section  1. Subdivision 20 of section 66 of the public service law, as
added by chapter 394 of the laws of 1978, is amended to read as follows:
  20. (A) Notwithstanding any general or  special  law,  rule  or  regu-
lation, the commission shall have the power to provide for the refund of
any revenues received by any gas or electric corporation which cause the
corporation  to  have revenues in the aggregate in excess of its author-
ized rate of return for a period of twelve months.  The  commission  may
initiate a proceeding with respect to such a refund after the conclusion
of any such twelve month period.
  (B)  NOTWITHSTANDING  ANY  GENERAL OR SPECIAL LAW, RULE OR REGULATION,
THE  COMMISSION  SHALL  IMPOSE  PROMPT,  MEANINGFUL  RATE   REFUNDS   OR
REDUCTIONS  IN INSTANCES WHERE ELECTRIC CORPORATIONS FAIL TO MEET OBJEC-
TIVELY MEASURED SERVICE QUALITY STANDARDS. SUCH  REFUNDS  OR  REDUCTIONS
SHALL AT A MINIMUM EQUAL FIVE PERCENT OF THE AMOUNT BILLED TO A CUSTOMER
FOR  THE  PROVISION OF ELECTRIC SERVICE FOR A PERIOD OF TWELVE MONTHS OR
SUCH LONGER PERIOD AS THE COMMISSION MAY PRESCRIBE;  PROVIDED,  HOWEVER,
THAT  THE COMMISSION MAY PRESCRIBE A SCHEDULE SETTING FORTH BOTH MINIMUM
AND  MAXIMUM  AMOUNTS  THAT  A  CUSTOMER  MAY  RECEIVE  IN  REFUNDS   OR
REDUCTIONS.
  (C)  IN  ADDITION  TO THE PROVISIONS OF PARAGRAPHS (A) AND (B) OF THIS
SUBDIVISION, IN EVERY INSTANCE WHERE ELECTRIC SERVICE IS INTERRUPTED DUE
TO A LOCAL DISTRIBUTION SYSTEM FAILURE LASTING FOR TWELVE HOURS OR  MORE
WITHIN  A TWENTY-FOUR HOUR PERIOD, THE COMMISSION SHALL REQUIRE AN ELEC-

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD07759-01-5
              

2015-S2424A (ACTIVE) - Details

Current Committee:
Senate Energy And Telecommunications
Law Section:
Public Service Law
Laws Affected:
Amd §§66 & 80, Pub Serv L
Versions Introduced in Other Legislative Sessions:
2011-2012: S1981
2013-2014: S593
2017-2018: S2670
2019-2020: S1281
2021-2022: S86
2023-2024: S141

2015-S2424A (ACTIVE) - Summary

Directs the public service commission to require electric and steam corporations to provide rate reductions or refunds for inadequate or interrupted service; requires electric corporations to reimburse ratepayers for damages to and losses of property and business caused by power outages in certain instances.

2015-S2424A (ACTIVE) - Sponsor Memo

2015-S2424A (ACTIVE) - Bill Text download pdf

                            
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                 2424--A

                       2015-2016 Regular Sessions

                            I N  S E N A T E

                            January 23, 2015
                               ___________

Introduced  by Sen. GIANARIS -- read twice and ordered printed, and when
  printed to be committed to the Committee on  Energy  and  Telecommuni-
  cations  --  recommitted  to  the Committee on Energy and Telecommuni-
  cations in  accordance  with  Senate  Rule  6,  sec.  8  --  committee
  discharged, bill amended, ordered reprinted as amended and recommitted
  to said committee

AN  ACT to amend the public service law, in relation to the power of the
  public service commission to require refunds of or reductions in rates
  for inadequate or interrupted electric or steam service

  THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section  1. Subdivision 20 of section 66 of the public service law, as
added by chapter 394 of the laws of 1978, is amended to read as follows:
  20. (A) Notwithstanding any general or  special  law,  rule  or  regu-
lation, the commission shall have the power to provide for the refund of
any revenues received by any gas or electric corporation which cause the
corporation  to  have revenues in the aggregate in excess of its author-
ized rate of return for a period of twelve months.  The  commission  may
initiate a proceeding with respect to such a refund after the conclusion
of any such twelve month period.
  (B)  NOTWITHSTANDING  ANY  GENERAL OR SPECIAL LAW, RULE OR REGULATION,
THE  COMMISSION  SHALL  IMPOSE  PROMPT,  MEANINGFUL  RATE   REFUNDS   OR
REDUCTIONS  IN INSTANCES WHERE ELECTRIC CORPORATIONS FAIL TO MEET OBJEC-
TIVELY MEASURED SERVICE QUALITY STANDARDS. SUCH  REFUNDS  OR  REDUCTIONS
SHALL AT A MINIMUM EQUAL FIVE PERCENT OF THE AMOUNT BILLED TO A CUSTOMER
FOR  THE  PROVISION OF ELECTRIC SERVICE FOR A PERIOD OF TWELVE MONTHS OR
SUCH LONGER PERIOD AS THE COMMISSION MAY PRESCRIBE;  PROVIDED,  HOWEVER,
THAT  THE COMMISSION MAY PRESCRIBE A SCHEDULE SETTING FORTH BOTH MINIMUM
AND  MAXIMUM  AMOUNTS  THAT  A  CUSTOMER  MAY  RECEIVE  IN  REFUNDS   OR
REDUCTIONS.

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD07759-02-6

              

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