Prohibits public utilities from passing on site investigation and remediation costs to ratepayers; requires annual reporting of certain expenses.

New York Assembly Bill A10672 amends the public service law to prohibit public utilities from passing along the cost of site investigation and remediation efforts to ratepayers. It also mandates that each public utility with more than seventy-five thousand customers submit an annual report to the Public Service Commission detailing any expenses that cannot be included in operating expenses. The report must include specific details such as the date, payee, amount, and purpose of each expense. These reports will be made publicly accessible on the commission's website.

Prohibits public utilities from passing on site investigation and remediation costs to ratepayers; requires annual reporting of certain expenses.

New York Assembly Bill A10672 amends the public service law to prohibit public utilities from passing along the cost of site investigation and remediation efforts to ratepayers. It also mandates that each public utility with more than seventy-five thousand customers submit an annual report to the Public Service Commission detailing any expenses that cannot be included in operating expenses. The report must include specific details such as the date, payee, amount, and purpose of each expense. These reports will be made publicly accessible on the commission's website.