![]() ![]() ![]() “There are no new supply projects in this rate case, there are no new pipelines in this rate case,” DeCicco said. Grid’s filing says that about 70 percent of the requested increase is driven by factors outside its control including higher costs for basic expenses, federal and state safety requirements, environmental remediation costs and even property taxes - which are driving about 37 percent of the Long Island increase. Environmental advocates often participate and have been pressing for less investment in the existing gas system as the state shifts off fossil fuels and toward electrification. ![]() Rate cases for utilities are often where the state’s energy and climate policies are implemented, or not. “We are trying to strike a balance between the investments that we need to make in order to enhance system safety and resiliency, and also very importantly, advance the important energy policies of the state of New York.” “We appreciate that we are filing at a time when affordability is an imperative for customers, for our regulators and certainly for us as a company,” said Phil DeCicco, National Grid’s vice president and deputy general counsel. Grid serves 1.9 million customers in Brooklyn, Staten Island and part of Queens and on Long Island. The utility’s requested rate hike filed Friday would result in an increase of the average residential customer’s total bill of about 17 percent in New York City and 16 percent on Long Island. French: National Grid on Friday proposed higher rates for gas customers in New York City and Long Island, driven in part by continued investments in replacing existing leak-prone pipes, inflation, higher property taxes and other costs. GRID SEEKS DOWNSTATE GAS RATE HIKE - POLITICO’s Marie J. Exemptions will be included for commercial kitchens, emergency generators and hospitals. The measure will help the state achieve its ambitious mandate to slash emissions by 40 percent from 1990 levels by 2030 and 85 percent by 2050 and was recommended in a plan approved in December by state agency heads and outside experts. “We’re going to be the first state in the nation to advance zero-emissions new homes and buildings,” Hochul said Thursday, announcing a conceptual deal on the budget that was due March 31. New York would be the first state to take this step through legislative action California and Washington have done so through building codes. That means no propane heating and no gas furnaces or stoves in most new construction. The state’s budget will ban fossil fuel combustion in most new buildings under seven stories starting in 2026, with larger buildings covered in 2029. French: New York will require new buildings to be zero-emissions starting in 2026 and make a state authority a major player in developing renewables as part of this year’s budget, Gov. New York poised to ban gas in new buildingsĮLECTRIFYING NEW BUILDINGS - POLITICO’s Marie J. ![]()
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