Hochul Ending NYPA Rate Hike Is A Good First Step
Gov. Kathy Hochul did the right thing last week by pulling a proposed New York Power Authority rate increase for hydropower. The authority was asking to triple its hydropower rates from $12.88 per megawatt-hours to $33.05 per megawatt hour over four years as well as make some other changes that concerned organizations like the Manufacturers Association of the Southern Tier and the state Association of Public Power. “Today, I’m calling for an end to the Power Authority’s unacceptable proposal to raise electric rates on its customers statewide,” Hochul said. “Too many New ...