Relates to civil penalties on certain public utility companies, corporations or persons and the officers, agents and employees thereof

This bill increases civil penalties for gas and electric utility companies that fail to comply with New York's public service regulations. It raises fines for violations from $100,000 to $2 million per offense (or up to 4% of annual revenue for combination utilities) and changes how ongoing violations are penalized. The key provision sets penalties based on either a fixed dollar amount or a percentage of the company's annual intrastate gross operating revenue (excluding government taxes/revenues), whichever is greater. It directly affects combination gas and electric corporations found non-compliant by the Public Service Commission. The changes apply to violations of the Public Service Law, with penalties assessed for each distinct violation or the full duration of ongoing non-compliance.