New York S04989 requires utility service providers to notify consumers of planned rate increases 30 days before they take effect.

New York S04989 mandates that utility service providers, including gas, electric, water, and telephone corporations, must inform consumers of any planned rate increases at least 30 days before they take effect. The notification must be clear and conspicuous, detailing the amount of the increase, the effective date, and where consumers can find additional information. Additionally, providers must include contact information and a mechanism for consumers to cancel their service. This bill aims to ensure transparency and consumer awareness regarding rate changes.

New York S04989 requires utility service providers to notify consumers of planned rate increases 30 days before they take effect.

New York S04989 mandates that utility service providers, including gas, electric, water, and telephone corporations, must inform consumers of any planned rate increases at least 30 days before they take effect. The notification must be clear and conspicuous, detailing the amount of the increase, the effective date, and where consumers can find additional information. Additionally, providers must include contact information and a mechanism for consumers to cancel their service. This bill aims to ensure transparency and consumer awareness regarding rate changes.