$5B Authorized for N.Y. Energy Efficiency, Building Electrification
PSC Directs 30% of Funding to Lower-income Customers; Ratepayer Surcharges Pay for Effort
Sheets of blue insulation are installed on a building under renovation in New York City. | Shutterstock
May 19, 2025
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New York’s major utilities and its energy development entity have been cleared to administer $5 billion for energy efficiency and building electrification through 2030.
