New York A02740 ensures that utility rates and charges remain unchanged if the Public Service Commission denies a utility's request for a major rate.

New York A02740 amends the public service law to ensure that if the Public Service Commission denies a utility's request for a major change in rates or charges, the existing rates and charges remain in effect until the commission approves a new rate. This provision applies to schedules, rates, charges, contracts, rules, regulations, privileges, facilities, or services. The law ensures stability for utility customers by preventing sudden rate increases without commission approval.

New York A02740 ensures that utility rates and charges remain unchanged if the Public Service Commission denies a utility's request for a major rate.

New York A02740 amends the public service law to ensure that if the Public Service Commission denies a utility's request for a major change in rates or charges, the existing rates and charges remain in effect until the commission approves a new rate. This provision applies to schedules, rates, charges, contracts, rules, regulations, privileges, facilities, or services. The law ensures stability for utility customers by preventing sudden rate increases without commission approval.