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New York policy

S9534: Relates to limiting rate increases that entail a return on equity for capital projects

NY Senate · Sponsor James Skoufis

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Jurisdiction
New York State
Applies to
New York State (proposed)
Effective
March 27, 2026

What it requires

Prohibits the public service commission from approving a rate increase that entails a return on equity for capital projects that is above the prevailing ten-year treasury rate plus one percent.

ny-statesenatelegislationbill

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