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Assembly approves ESCO billing‑comparison requirement after floor debate on consumer safeguards and implementation
Summary
The Assembly passed legislation requiring energy service companies (ESCOs) to include a side‑by‑side comparison on customer bills showing ESCO prices versus local utility prices and an annual comparison of total charges. Sponsors said the change protects consumers; opponents warned of implementation costs and potential consumer confusion.
The Assembly on the floor debated and passed a measure requiring energy service companies (ESCOs) to include a comparison on billing statements showing the price customers pay to an ESCO compared with what the customer would pay as a utility customer, and an annual summary comparing total charges. Assemblymember Dinowitz, explaining the bill, said the measure is intended to address "fraud, abuse, and other issues" that have arisen in the retail ESCO market and to help consumers determine whether they are saving money.
Debate focused on operational questions and potential consumer impacts. Members asked…
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