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Utility Reform Bill Now Law - Hudson Valley Press
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Utility Reform Bill Now Law - Hudson Valley Press
ALBANY – A bill that makes utility rate increase requests more transparent, co-sponsored by Assemblymember Jonathan Jacobson (D-104) and Senator Michelle Hinchey (D-41), has become law. Governor Hochul signed the bill (A2736/S8213) into law last week. According to the new law, any utility that makes a request for a rate increase must fully and publicly explain all capital expenditures included in the request. This would include the purpose and c…
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