Rochester Gas & Electric Corp. (RG&E)
Frequency and duration of power outages decreased in New York in 2022 outside of major storms, but one utility missed its target for the fourth year in a row.
Six utilities have indicated they will apply for federal loans and grants totaling roughly $900 million made available from the IIJA and IRA.
Seven N.Y. utilities filed a proposal aiming to help develop a "fully decarbonized electric system” by improving grid planning coordination among stakeholders.
NYSEG faces a $250,000 fine for each violation and their Sampling Plan addresses the public safety and remedial issues raised in the PSC investigation.
New York’s IOUs reported a slow rollout of EV fast-charging stations under the state’s $701 million incentive program to build 50,000 stations by 2025.
The New York PSC approved more than $70 million in electric bill relief over the summer for low-income Con Ed customers in NYC and Westchester County.
The New York PSC modified its VDER compensation policy and authorized $43 million in state funding for solar and community distributed generation projects.
New York is fine-tuning its Clean Energy Standard (CES) and closing the books on the energy efficiency programs used since 2008.
Avangrid reported consolidated net income of $239 million ($0.77/share), compared with $212 million ($0.69/share) for the same period in 2016.
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