New York A09441 mandates that utilities provide detailed descriptions of capital expenditures for rate changes, including purpose, cost, benefits.

New York A09441 amends the public service law to require utilities to detail any proposed capital expenditures that could lead to a major rate change. The utility must describe each project's purpose, need, total cost, useful life, location, rationale, and benefits to ratepayers and the distribution system. These descriptions must be posted on the Public Service Commission's website. This bill ensures transparency and accountability in utility rate proceedings.

New York A09441 mandates that utilities provide detailed descriptions of capital expenditures for rate changes, including purpose, cost, benefits.

New York A09441 amends the public service law to require utilities to detail any proposed capital expenditures that could lead to a major rate change. The utility must describe each project's purpose, need, total cost, useful life, location, rationale, and benefits to ratepayers and the distribution system. These descriptions must be posted on the Public Service Commission's website. This bill ensures transparency and accountability in utility rate proceedings.