New York A10680 allows gas or electrical corporations to propose voluntary rates for residential heat pump energy use to the Public Service.

New York A10680 amends the public service law to allow gas or electrical corporations to propose voluntary rates for energy supplied to residential customers using heat pumps as their primary heating source. These rates, which can be new, existing, or incorporated into time-of-use rates, aim to lower average monthly energy bills for heat pump users while avoiding cross-subsidies from other customers. The act takes effect immediately.

New York A10680 allows gas or electrical corporations to propose voluntary rates for residential heat pump energy use to the Public Service.

New York A10680 amends the public service law to allow gas or electrical corporations to propose voluntary rates for energy supplied to residential customers using heat pumps as their primary heating source. These rates, which can be new, existing, or incorporated into time-of-use rates, aim to lower average monthly energy bills for heat pump users while avoiding cross-subsidies from other customers. The act takes effect immediately.