New York 2025-2026 Regular Session

New York Senate Bill S02413

Introduced
1/17/25  
Refer
1/17/25  

Caption

Requires the public service commission to retain an independent auditor to conduct audits of private water utility companies prior to and after rate changes are approved by the public service commission.

Summary

This bill would amend the Public Service Law to require the Public Service Commission (PSC) to hire an independent, third-party auditor before approving any change by a private water utility company involving rates, charges, contracts, agreements, rules, regulations, privileges, or facilities related to service. The auditor would review the utility and provide written findings to the PSC before the commission acts on the proposed change. If the PSC approves the change, the bill would also require a second independent audit one year after the change takes effect. The PSC would be required to publish the results of both audits on its website. The bill takes effect immediately.

Impact

The bill would add a new oversight requirement to the PSC’s review of private water utility rate and service changes, effectively creating a mandatory pre-approval and post-approval audit process. It would affect private water utility companies subject to PSC regulation, the PSC itself, and any customers impacted by rate or service changes. The measure does not change utility rates directly, but it would likely increase regulatory scrutiny, transparency, and administrative costs associated with utility filings and approvals.

Sentiment

No committee transcripts or recorded votes were provided, so there is no direct evidence of support or opposition from legislative debate. Based on the bill’s structure, it appears to be framed as a consumer-protection and accountability measure aimed at improving oversight of private water utilities. The absence of recorded controversy suggests the bill’s reception cannot be assessed from the available materials.

Contention

The main potential point of contention is the added cost and delay of requiring an independent audit before any PSC approval and again one year later, which utilities may view as burdensome. Supporters would likely emphasize transparency, independent review, and protection of ratepayers from unjustified charges or poor utility practices. Another possible issue is the scope of the audit requirement, which applies broadly to changes in rates, charges, contracts, rules, service, privileges, and facilities, potentially making the process more expansive than a rate-only review.

Companion Bills

No companion bills found.

Previously Filed As

NY HB449

Public utilities; subject certain companies providing water services to regulation by Public Service Commission

NY SB2251

Audits conducted by the state auditor and charges for audits.

NY H5282

Utility Billing Accountability and Consumer Protection Act

NY HB5202

Relating to permitting access to funding for public water utilities subject to the Public Service Commission’s jurisdiction

NY SB0587

Public utilities: rates; public service commission issuing a report before approving a rate increase; require. Amends sec. 6a of 1939 PA 3 (MCL 460.6a).

NY HB07090

An Act Concerning The Timing And Scope Of Audits By The Auditors Of Public Accounts.

NY HB4896

Requiring the three Commissioners of the State Public Service Commission to be elected positions

NY HB2896

Requiring the three Commissioners of the State Public Service Commission to be elected positions

NY HB653

Georgia Public Service Commission; rename as Georgia Public Utilities Commission

NY CACR30

relating to the public utilities commissioners.Providing that the public utilities commissioners are elected.

Similar Bills

No similar bills found.