Overview
- Assembly Republicans unveiled a package offering $2 billion in rebates for lower- and middle-income households and year‑end bill credits drawn from NYSERDA’s Climate Investment Account, reported at about $2.4 billion.
- The GOP plan also targets elements of New York’s climate law by seeking to halt or delay measures such as prospective gas appliance restrictions and the 2035 electric school bus requirement.
- Senate Majority Leader Andrea Stewart-Cousins said Democratic leaders are not discussing changing or delaying mandates under the Climate Leadership and Community Protection Act.
- Con Edison projects a 3.9% increase in electric bills and a 2.4% rise in gas bills this year for New York City customers, with larger gas hikes reported for 2027 and 2028.
- Gov. Kathy Hochul underscores affordability through a Ratepayer Protection Plan and an all-of-the-above energy posture, as officials and experts, including the state grid operator, warn about reliability risks if new supply lags fossil plant retirements.