Requires certain utility corporations and the Long Island power authority to establish a meter usage monitor program for the purposes of notifying residential customers when energy usage exceeds a cost or usage threshold in a given billing period determined by the residential customer.

This bill requires utility companies and the Long Island Power Authority to create a program that helps residential customers monitor their energy usage. Customers will receive notifications if their usage exceeds a limit they set for themselves during a billing period. This aims to help residents manage their energy costs more effectively.

Supporters of the bill argue that it empowers consumers by giving them greater control over their energy usage and costs. By providing timely notifications, it can help families avoid unexpected high bills and encourage energy conservation. This initiative is seen as a step towards more transparent and responsible energy consumption.

Critics may argue that the bill places an additional burden on utility companies, potentially leading to increased operational costs that could be passed on to consumers. They might also contend that customers should already be aware of their energy usage and that this program may not significantly change behavior. Additionally, there are concerns about data privacy and how usage information will be managed.