NY expands energy relief policy for low-income residents

By The Associated Press

 

ALBANY, N.Y. (AP) — New York state is expanding its Energy Affordability Policy.

Gov. Andrew Cuomo announced Thursday that $12 million will be added to provide nearly two million low-income New Yorkers with direct energy cost relief annually. The money will allow 50,000 customers to participate and brings the total program benefits to $260 million.

The policy change will boost the number of low-income utility customers receiving monthly discounts from approximately 1.1 million to 1.7 million.

The policy, which was announced last year, limits energy costs for low-income New Yorkers to no more than approximately 6 percent of household income, on average. That's half of what many New Yorkers are currently paying.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Latest PennEnergy Jobs

PennEnergy Oil & Gas Jobs