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Senate Bill S9459

2025-2026 Legislative Session

Authorizes the public service commission to implement performance-based regulation of electric or gas corporations

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Sponsored By

Current Bill Status - In Senate Committee Energy And Telecommunications Committee

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2025-S9459 (ACTIVE) - Details

See Assembly Version of this Bill:
A9640
Current Committee:
Senate Energy And Telecommunications
Law Section:
Public Service Law
Laws Affected:
Add §66-x, Pub Serv L

2025-S9459 (ACTIVE) - Summary

Authorizes the public service commission to implement performance-based regulation of electric or gas corporations; requires that any such regulation shall provide performance standards and metrics by which such performance shall be measured.

2025-S9459 (ACTIVE) - Sponsor Memo

2025-S9459 (ACTIVE) - Bill Text download pdf 

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   9459
 
                             I N  S E N A T E
 
                              March 13, 2026
                                ___________
 
 Introduced  by Sen. GONZALEZ -- 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 authorizing the
   public service commission to implement performance-based regulation of
   electric or gas corporations

   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.  The public service law is amended by adding a new section
 66-x to read as follows:
   § 66-X. PERFORMANCE-BASED UTILITY REGULATIONS. 1. THE COMMISSION SHALL
 BE AUTHORIZED TO DEVELOP AND ADOPT A FRAMEWORK FOR IMPLEMENTING  PERFOR-
 MANCE-BASED  REGULATION  OF  ELECTRIC  OR GAS CORPORATIONS. SUCH PERFOR-
 MANCE-BASED REGULATION MAY BE USED TO PROVIDE INCENTIVES  AND  PENALTIES
 TO:
   (A)  REDUCE GREENHOUSE GAS EMISSIONS, AS DEFINED IN SECTION 75-0101 OF
 THE ENVIRONMENTAL CONSERVATION LAW;
   (B) EXPAND THE USE OF DISTRIBUTED ENERGY  RESOURCES,  COMMUNITY  SOLAR
 PROJECTS,  MICROGRIDS,  DEMAND  RESPONSE PROGRAMS, AND ENERGY EFFICIENCY
 PROGRAMS;
   (C) ENHANCE THE QUALITY, RELIABILITY, AND  RESILIENCY  OF  ELECTRICITY
 AND GAS SERVICE IN THE STATE;
   (D)  OFFER  FLEXIBLE PAYMENT PLANS THAT REDUCE DISCONNECTIONS OF ELEC-
 TRICITY AND GAS SERVICE FOR LOW-INCOME CUSTOMERS AND OTHER PROGRAMS THAT
 ADDRESS THE QUALITY AND AFFORDABILITY OF ELECTRICITY  AND  GAS  SERVICES
 FOR ALL CUSTOMERS; AND
   (E) IMPROVE ALL ASPECTS OF UTILITY OPERATIONS TO REDUCE COSTS AND PASS
 SAVINGS ON TO RATEPAYERS.
   2.  A  FRAMEWORK  THAT  IS ADOPTED PURSUANT TO SUBDIVISION ONE OF THIS
 SECTION SHALL:
   (A) PROVIDE FOR  PERFORMANCE  STANDARDS  AND  A  BASELINE  FROM  WHICH
 PERFORMANCE SHALL BE MEASURED;
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD14479-04-6
 S. 9459                             2

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