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Governor Kathy Hochul has announced the state will invest in energy affordability, clean and efficient buildings, and clean water during her State of the State yesterday, January 10th.
The proposal will help New Yorker’s via the Energy Affordable Guarantee, to never pay more than 6% of their income on electricity. Hochul also announced $200 million dollars will go to relief for utility bills for almost 800,000 New York households with incomes less than $75,000 dollars a year and are not currently eligible for the state’s utility discount program.
“New York State is leading by example and setting in motion a bold agenda to promote energy affordability, reduce emissions, and invest in clean air and water,” Governor Hochul said. “The first-in-the-nation Energy Affordability Guarantee will help hardworking families as we implement the nation’s most ambitious climate plans and chart a path to a cleaner, healthier New York for future generations.”
The proposal will also include building decarbonization initiatives, and phase out the sale of fossil fuel heating equipment.
