Narrative of Resolution:
title
Urge the Public Services Commission to reject New York State Electric and Gas's proposal for rate increases
end
body
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RESOLUTION INTRODUCED BY TERRY BLOSSER-BERNARDO, DISTRICT 9 LEGISLATOR, NICHOLAS SALOMONE, DISTRICT 4 LEGISLATOR, LUIS ALVAREZ, DISTRICT 6 LEGISLATOR, CATHERINE SCOTT, DISTRICT 5 LEGISLATOR AND NADIA RAJSZ, CHAIR OF THE LEGISLATURE OPPOSING NEW YORK STATE ELECTRIC AND GAS (NYSEG), ORANGE AND ROCKLAND, AND CENTRAL HUDSON'S PROPOSED RATE INCREASES AND URGING THE NEW YORK STATE PUBLIC SERVICE COMMISSION TO REJECT THE PROPOSAL
WHEREAS, New York State Electric and Gas (NYSEG) Orange and Rockland (O&R), and Central Hudson hav proposed significant rate increases for electric and gas.
WHEREAS, In October 2023, the New York State Public Service Commission (PSC) approved a three-year rate plan for New York State Electric & Gas (NYSEG), Orange and Rockland and Central Hudson resulting in incremental increases to customers' bills.
Electric Customers:
* November 2023: An average monthly increase of $9.94 (approximately 10.3%) for residential customers using 600 kWh per month.The New 96.1+2NY Division of Probation & Alternatives+2cny-energy-challenge+2
* May 2024: An additional average increase of $8.88 (approximately 8.4%).cny-energy-challenge+1NY Division of Probation & Alternatives+1
* May 2025: A further average increase of $11.34 (approximately 9.9%).Yahoo Finance+2NY Division of Probation & Alternatives+2cny-energy-challenge+2
Cumulatively, by May 2025, residential electric customers will experience an average total monthly bill increase of approximately $30.16 compared to their bills prior to November 2023.The New 96.1+3Smart Energy Choices+3NY Division of Probation & Alternatives+3
Gas Customer...
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