New YorkA 94412025-2026 Regular SessionHouseWALLET

Relates to consideration of capital expenditures in rate proceedings

Sponsored By: Jonathan Jacobson (Democratic)

Became Law

ENERGYRULES

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Bill Overview

Analyzed Economic Effects

1 provisions identified: 1 benefits, 0 costs, 0 mixed.

Utilities must justify and post project costs

When a utility seeks a major rate change, it must list each capital project separately. For each project, it must state the purpose and need, total cost, expected useful life, location, why it is in the case, and benefits to customers and the system. The Public Service Commission posts these project descriptions on its website. The utility must prove any rate change tied to each project is just and reasonable.

Sponsors & Cosponsors

Sponsor

Jonathan Jacobson
Democratic • House

Cosponsors

Angelo Santabarbara
Democratic • House

Roll Call Votes

All Roll Calls

Yes: 57 • No: 0

House vote • 1/20/2026

FLOOR Vote