Requires gas and electric corporations to provide thirty days' notice to customers whenever there is a service rate or charge increase

This bill requires gas and electric companies to give their customers at least thirty days' written notice before any increase in service rates or charges takes effect. The law mandates that this notice clearly informs customers that a price hike is coming, ensuring they have time to adjust their budgets or explore alternatives. By amending the public service law, the measure directly impacts utility providers and the residential or commercial customers who rely on their services. The bill is designed to increase transparency in utility pricing without changing the actual rates themselves.