A9041 — Prohibits utilities from raising rates while reporting high profits and requires utilities to reinvest revenues into New York's energy infrastructure, safety, and reliability

A9041 — Prohibits utilities from raising rates while reporting high profits and requires utilities to reinvest revenues into New York's energy infrastructure, safety, and reliability · Informed CitizenryThe 'Utility Profit Reinvestment and Rate Hike Ban Act' amends the public service law to restrict utility rate increases based on profit levels and reinvestment requirements. Specifically, it prohi…Open in Informed Citizenry