New York S04429 mandates gas and electric corporations to allocate 40% of their operating budget annually to enhance power outage response and.

New York S04429 amends the public service law by adding a new section requiring gas and electric corporations to dedicate 40% of their operating budget to improving power outage response and stormproofing power lines. Budget expenditures must be used for infrastructure hardening, storm resilience, improving response time, removing power lines from trees, and other related activities. Corporations must file compliance reports with the commission every April, July, October, and January. The act takes effect immediately.

New York S04429 mandates gas and electric corporations to allocate 40% of their operating budget annually to enhance power outage response and.

New York S04429 amends the public service law by adding a new section requiring gas and electric corporations to dedicate 40% of their operating budget to improving power outage response and stormproofing power lines. Budget expenditures must be used for infrastructure hardening, storm resilience, improving response time, removing power lines from trees, and other related activities. Corporations must file compliance reports with the commission every April, July, October, and January. The act takes effect immediately.