Ortt, State Senate GOP seek utility relief in final budget
Press Release, State Sen. Robert Ortt’s Office
ALBANY – Members of the Senate Republican Conference today sent a letter to Governor Kathy Hochul urging the inclusion of two pieces of legislation in the enacted budget that would provide real utility relief at a time when New Yorkers desperately need it.
The first piece of legislation, S.8461A, introduced by Senator Tom O’Mara would provide nearly $3 billion in bill credits to ratepayers using unspent funds collected from ratepayers by NYSERDA and utilities with PSC approval for green energy projects. The Fiscal Year 2025 Budget and Financial Plan for NYSERDA detailed that NYSERDA had a total net position of $2,045,624,000 at the end of 2025. There was also $770 million being held in escrow by utilities for requisition by NYSERDA at the end of 2025 per the Department of Public Service.
The second, S.8463, introduced by Senator Rob Rolison would establish a one-year utility bill tax and surcharge holiday and a two-year green energy gas tax holiday, which would provide real and meaningful relief to ratepayers that are paying residential electric rates 50% higher than the national average.
The call for the inclusion of these pieces of legislation in the final enacted budget comes on the heels of a recent report from NYSERDA warning of increases in utility costs in order to keep up with the green energy mandates laid out in the Climate Leadership and Community Protection Act (CLCPA).
“For years, the Senate GOP has consistently advocated for the repeal of the CLCPA because we see it for what it is – an unnecessary and extremely expensive burden on ratepayers,” said Senate Republican Leader Rob Ortt. “Given the chance to take action and provide real relief, Albany Democrats instead doubled down on their out-of-touch climate policies, favoring radical environmentalists instead of standing up for struggling New Yorkers. These initiatives to provide relief to ratepayers must be a priority in the final budget.”
