Ithaca Pushes Back on NYSEG Rate Hikes as Hochul Pauses New York’s All-Electric Buildings Rules
NYSEG has requested a $464.4 million annual increase in electric delivery revenues, which would raise typical residential bills by $33.12 per month, or 23.7%. The utility also seeks a $93 million annual gas revenue hike, adding $33.57 monthly for heating customers. Governor Hochul has paused New York’s all-electric new-building mandate pending court review, leaving cities and builders in limbo.