Directs the Department of Public Service to adjust utility corporations' residential fixed charges to recover only specific 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 customer service. The utility corporation must provide clear and transparent information on fixed charges to residential customers, including specific costs and expenses.
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- Core Provisions
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- Legal Framework
- Critical Issues
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