Utility Bills: New Proposal To ‘Eliminate Price Surging’ Gains Momentum — How Much Could You Save?
Utility bills could soon be easier to pay for many New Yorkers. State lawmakers pushed a package of bills through the Senate to address increased costs for ratepayers. Spectrum News NY1 reported that this new measure came from a legislative review by the Senate Investigations Committee into utility price increases over the last year.
State legislatures also want to create minimum standards for payment plans for eligible customers and lower fixed charges from utility companies in New York. According to a report by Acadia Center, New Yorkers pay three times as much in fixed charges as they charge residents in nearby states, per Senate Bill S1303. Fixed charges are flat monthly fees that people pay on their utility bills regardless of the energy they use.
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