Avangrid Subsidiaries Announce New Plans for New York City

New York State Electric & Gas (NYSEG) and Rochester Gas and Electric (RG&E), subsidiaries of AVANGRID announced that the companies have filed proposed changes to delivery rates with the New York State Public Service Commission (NYSPSC). 

The “Reliable Energy New York: Investing in Our Future” plan outlines suggestions for each company that comprise infrastructure investments for a more resilient, sustainable and smart system, more resources to support customers and local communities, energy efficiency programs and investments to enable renewable energy, as well as economic development proposals that will help build cleaner, healthier communities. 

With the proposals of the “Reliable Energy NY” plan, NYSEG and RG&E will do away with aging infrastructure and make smart investments for a more resilient system that can mitigate the impacts of climate change on the energy system. 

The companies will also go forward and insist that customers, community partners and business clients adopt sustainable tools and technologies and support them as they make the transition to clean energy.

“Reliable Energy NY” puts forth a rate structure that would add $10-18 to the average electric or gas residential customer's monthly delivery costs, or a 13-22% increase on each total bill. The new delivery rates are proposed to come into effect starting May 1, 2023.

As per the Public Service Law, the rates proposed in “Reliable Energy NY” are for a year-long period and will not immediately go into effect upon filing; the filing starts an 11-month process. The process includes a review of the filings by the Department of Public Service and other interested parties, questions to NYSEG and RG&E and, as appropriate, responsive testimony.