New York Governor Stands Against Rising Utility Prices

On February 11, 2025, New York State Governor Kathy Hochul outlined steps to protect consumers from sky-high utility costs.

Governor Hochul was calling for the rejection of Con Edison’s proposed rate hike. She also directed the Department of Public Service to conduct a statewide audit of utility company salaries and compensation.

Read More: Broome County Sheriff's Lastest Arrests And Charges

She cited several recent management and operations audits of large, investor-owned electric and gas utilities that have highlighted meaningful concerns with how utilities administer their programs.

The cost of living is too damn high and New Yorkers need more money in their pockets. Of course, we need safe, reliable energy sources to power our homes and businesses. But utility companies shouldn’t be jacking up costs unnecessarily – especially if they’re paying their own staff too much. - New York State Governor Kathy Hochul

The Governor has called on the NYS Department of Public Service to act in the best interest of New Yorkers and reject Con Ed’s request to increase electricity rates by 11.4 percent and natural gas rates by 13.3 percent.

Today (February 12, 2025), Governor Hochul had this to say:

Today, I'm calling for an end to the Power Authority's unacceptable proposal to raise electric rates on its customers statewide. Too many New Yorkers are already falling behind on their energy bills and I will do everything in my power to reign in these astronomical costs. While I recognize the Power Authority’s critical importance in providing invaluable, clean, baseload power from its large hydroelectric power plants Upstate, I expect NYPA to go back to the drawing board, shelve this existing proposal, and figure out a better way forward. - New York State Governor Kathy Hochul