Authorizes the public service commission to consider non-economic loss suffered by consumers when determining penalties
Allows the PSC to consider non-economic harms to consumers when calculating penalties for utility rule violations.
Allows the PSC to consider non-economic harms to consumers when calculating penalties for utility rule violations.
A 8025 would authorize the New York State Public Service Commission (PSC) to take into account non-economic harms experienced by consumers when calculating penalties for violations by utilities or regulated entities. The aim is to align penalties with broader adverse effects on customers beyond direct monetary losses or regulatory violations, recognizing harm such as service disruption, safety concerns, privacy impacts, inconvenience, and loss of trust.
Note: The available information does not provide exact statutory language, specific categories of non-economic losses, or mandatory scoring/weighting criteria. The bill would primarily authorize consideration of non-economic harms in penalty determinations; any detailed implementation (criteria, thresholds, or rulemaking) would presumably be addressed in PSC guidelines or future amendments.
This summary aims to present the bill’s core intent and likely effects based on the available text and status.
Compiled from official sources — confirm details with the bill’s official record.
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