Directs the department of public service to adjust utility corporation's residential fixed charge to recover only related costs.
The bill amends the public service law to direct the department of public service to adjust each utility corporation's residential fixed charge upon filing an amendment of rate schedules. The adjustment aims to recover only the fixed costs and operation and maintenance expenses directly related to metering, billing, service connections, and the provision of customer service. Utility corporations must provide clear and transparent information on fixed charges to residential customers, including the specific costs and expenses included in the calculation.
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