New York State Electric & Gas (NYSEG) has submitted a proposal to the New York State Public Service Commission (PSC) for a new multi-year rate plan, sparking strong opposition from local officials and consumers. The plan, dubbed "Powering New York," seeks to raise both electric and gas rates for customers over a five-year period, beginning in May 2026.
According to NYSEG's filing, the plan is designed to fund essential upgrades to the state's aging energy infrastructure, enhance reliability, and meet new state-mandated energy goals. The utility company states that the proposal would also improve customer service, expand smart meter technology, and increase vegetation management to reduce power outages. The company estimates that the average residential customer's monthly bill would increase by approximately $33 for electricity and $34 for natural gas if the proposal is approved.
The rate increase request comes on the heels of an independent audit of NYSEG and its sister company, Rochester Gas and Electric (RG&E), which was released in May. The audit identified 128 areas for improvement, including issues with the company's management, operations, and customer service. In response, NYSEG and RG&E have appointed new local presidents to bolster leadership and are working to implement a corrective action plan as recommended by the audit.
The PSC is currently reviewing the "Powering New York" proposal and is accepting public comments. Several local officials, including Chemung County Legislator Rodney Strange and State Senator Pete Harckham, have voiced strong opposition to the rate increases, urging residents to speak out against the plan. Congressman Josh Riley has also formally intervened in the rate case, demanding greater transparency and accountability from the utility.
NYSEG has stated that spreading the rate adjustment over a five-year period would provide greater price stability and budget predictability for customers, while also allowing the company to make the necessary long-term investments in the grid. The PSC will hold a public review process before making a final decision on the proposal.
