New York policy
S1896: Requires certain utilities to adopt the common equity ratio and rate of return on equity authorized by the public service commission
NY Senate · Sponsor Shelley Mayer
- Jurisdiction
- New York State
- Applies to
- New York State (proposed)
- Effective
- February 5, 2026
What it requires
Requires electric corporations, gas corporations, steam corporations and water-works corporations to adopt the common equity ratio and rate of return on equity authorized by the public service commission unless such utility can successfully demonstrate that such authorized rates do not meet their capital and/or operating needs.
ny-statesenatelegislationbill
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