New York S04991 mandates gas and electric providers to publicly notice and report third-party electricity supply purchases within seven days.

New York S04991 amends the public service law by requiring any gas or electric provider of last resort to publicly notice each purchase of electricity supply, energy, or capacity within seven days of purchase. The utility must report the price, quantity, and contract duration to the department for immediate posting. This act also amends the public authorities law to subject service providers to the provisions of the new public service law section.

New York S04991 mandates gas and electric providers to publicly notice and report third-party electricity supply purchases within seven days.

New York S04991 amends the public service law by requiring any gas or electric provider of last resort to publicly notice each purchase of electricity supply, energy, or capacity within seven days of purchase. The utility must report the price, quantity, and contract duration to the department for immediate posting. This act also amends the public authorities law to subject service providers to the provisions of the new public service law section.