Why New York must protect energy stability to grow our economyHeather Mulligan |
As New Yorkers continue to struggle with a stubbornly high cost of living that shows no signs of abating, Gov. Kathy Hochul and the Legislature are right to keep affordability at the center of their state budget negotiations.
Addressing the pressures facing families and businesses is critical, and doing so requires a clear-eyed understanding of what’s driving costs and how to lower them sustainably. It’s why the Business Council of New York State recently launched a new online resource tracking the affordability impact of New York State legislation, providing greater transparency into how policy decisions translate into real costs for households and employers. And it’s through that visibility that we see how some current budget proposals risk moving New York in the wrong direction on energy affordability.
At a time when households and employers are already strained, several proposals affecting utility service would actually undermine the very regulatory framework that has helped keep New York’s........