Governor Kathy Hochul is opposing National Grid’s proposed plan to raise electric and gas rates for Upstate New York customers, according to syracuse.com. The utility’s plan would increase electric rates by 20% and gas rates by 27% over three years, costing households around $600 more annually.
Hochul criticized the deal, negotiated with state regulators, and urged the company to cut costs and diversify. Though she appoints Public Service Commission members, she cannot directly block the hike.
National Grid plans to expand discounts for low-income customers, but critics argue the increases would still hit vulnerable households hardest.
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