Issues: Energy

Gov. Cuomo plans legislative move to block power companies from raising electrcity rates 12 percent

The Post wrote an article about Governor Cuomo's proposed legislation to give permanent property tax cuts to power companies,  removing the option for the rate hikes that FERC passed, which are scheduled to start May 28. The Governor's bill is extremely similar to the bill that I have written on the issue.

ALBANY -- Gov. Cuomo is racing to the rescue of heavily burdened New York City electricity customers who face a massive and unexpected 12 percent rate hike next month, The Post has learned.

April 14, 2011
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Statement from Senator Krueger on Frac Fluid Disclosure Bill (S.425) Failing to Move Through Environmental Conservation Committee

For Immediate Release | April 12, 2011

Katie Kincaid | kincaid.nysenate@gmail.com | 646-784-0485

“Once again, an important bill has fallen victim to the intellectually dishonest debate that unfairly pits environmental issues against job creation. My bill (S.425), which today failed to pass through the Environmental Conservation Committee, would implement common sense measures by requiring gas companies to disclose all chemicals used in their hydraulic fracturing fluids and would ban the use of any substances deemed carcinogenic. However, instead of taking critical steps to ensure basic safeguards are put in place to protect all New Yorkers, my Republican colleagues have decided to stall this bill under the false pretense that it will hurt jobs in the upstate area.

April 12, 2011
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Senator Gianaris Introduces Ratepayer Protection Act

Targets Companies That Unfairly Raise Electric Rates

Queens, NY – Senator Michael Gianaris announced that he will be introducing legislation to safeguard New Yorkers against unfair increases to electricity bills. The proposal, dubbed “The Ratepayer Protection Act” eliminates property tax exemptions and abatements for power-generating corporations that unfairly raise their rates. The legislation was introduced in response to the Federal Energy Regulatory Commission’s (FERC) decision to approve a rate hike by power generating companies in New York.

Recently, FERC approved the 12% increase in electricity rates for New York City residents and a 17.5% increase for New York City businesses, which would be implemented on May 28, 2011.

April 11, 2011
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Senator Maziarz participates in LIPA hearing

Senator Maziarz, Chairman of the Senate Energy and Telecommunications Committee, held a hearing with a number of his colleagues to question Long Island Power Authority officials about LIPA's overbilling of customers.

April 11, 2011
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Lawmakers Hold Public Hearing on Overcharging By LIPA

Senator Jack M. Martins took part in a Senate hearing on providing oversight of LIPA. Watch News 12's coverage of the hearing. 

April 10, 2011
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LaValle Calls for PSC Oversight of LIPA

New York State Senator Kenneth P. LaValle, at left, addresses Michael Hervey, Chief Operating Officer, LIPA  about his recently passed bill (S2581) requiring the State’s Public Service Commission to approve any LIPA rate increases over 2.5%. Hervey argued against the bill which now must pass the Assembly and be signed by the Governor. The LIPA Hearing, held April 7 at Farmingdale State College was chaired by Senator George Maziarz, to the right of LaValle. Michael Hervey addresses the committee at right.

April 8, 2011
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SENATOR FUSCHILLO HOLDS PUBLIC HEARING ON IMPROVING OVERSIGHT & ACCOUNTABILITY OF LIPA

Hearing Examines LIPA’s $367 Million Ratepayer Overcharge and Measures Needed to Make LIPA More Accountable  

April 7, 2011
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Committee Meeting: Energy and Telecommunications Meeting

Senate Standing Committee on Energy and Telecommunications Senator George D. Maziarz, Chair 1:30 PM, Tuesday, April 12, 2011 Room 709 LOB

April 12, 1:30 PM - 1:33 PM
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Could electric rates double over 3 years?

Queens Chronicle wrote an article about the electricity rate increases and power companies' property tax cuts that will affect all New Yorkers. I am calling on the federal government to reverse this decision.

Federal regulators are reconsidering a decision that could hike electric rates in the city 16 percent this year for residential customers and 21.5 percent for businesses, though there’s no guarantee they’ll change their minds, a state senator from Queens said this week.

April 7, 2011
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Pol out to switch off rate hike

The New York Post wrote an article today on legislation Senator Gianaris has authored and will introduce to the Senate in response to the electricity rate increases. His bill is called the Ratepayer Protection Act.

A Queens lawmaker wants to pull the plug on the looming electricity rate hike.

The city's private power-plant operators would have to return every extra penny they collect from a rate increase approved by a recent federal ruling to households and businesses, according to state legislation being formulated by Democratic state Sen. Michael Gianaris.

Read the full article here.

April 7, 2011
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Gianaris Fights Electricity Rate Increase

Queens Gazette wrote an article on the Federal Energy Regulatory Committee's passage of drastic electricity rate increases. I am calling on the agency to reconsider and reverse this move since it will only cause New Yorkers to dig deeper into their pockets and further fill the pockets of power company executives.

April 6, 2011
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More oversight of Long Island Power Authority


The New York State Senate today passed legislation (S.2581) to increase accountability and reduce unregulated rate increases by the Long Island Power Authority. The bill, sponsored by Senator Kenneth P. LaValle (R-C-I, Port Jefferson), addresses costly rate hikes of more than 30 percent since 2001 by requiring state Public Service Commission notification and review of certain rate increases of more than 2.5 percent.

April 6, 2011
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SENATOR FUSCHILLO ANNOUNCES SENATE PASSAGE OF LEGISLATION TO INCREASE OVERSIGHT OF LIPA

Legislation Would Require LIPA to Obtain PSC Approval Before Raising Rates 

April 4, 2011
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Senator Fuschillo Votes for Greater Oversight of LIPA

Senator Fuschillo votes in favor of legislation to give new protections LIPA customers, who pay some of the highest utility bills in the country.

The legislation would require LIPA to obtain approval from the State Public Service Commission before raising rates more than 2.5% in a 12 month period. The legislation is needed to create greater oversight, transparency, and accountability of LIPA's rate practices.

Click here for more information about the legislation.

April 4, 2011
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Senate Passes Bill to Provide More Oversight of LIPA Rate Hikes

The New York State Senate today passed legislation (S.2581) to increase accountability and reduce unregulated rate increases by the Long Island Power Authority. The bill, sponsored by Senator Kenneth P. LaValle and co-sponsored by Senator Jack M. Martins addresses costly rate hikes of more than 30 percent since 2001 by requiring state Public Service Commission notification and review of certain rate increases of more than 2.5 percent.

“LIPA has raised its rates seven times since 2001. If LIPA wants to raise its rates more than 2.5 percent within a year’s time, they should have to explain the reason. The end result will be a greater oversight, which will benefit our residents and business owners,” said Senator Martins.

April 4, 2011
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Senate Passes Bill to Provide More Oversight of LIPA Rate Hikes

The New York State Senate today passed legislation (S.2581) to increase accountability and reduce unregulated rate increases by the Long Island Power Authority. The bill, sponsored by Senator Kenneth P. LaValle (R-C-I, Port Jefferson), addresses costly rate hikes of more than 30 percent since 2001 by requiring state Public Service Commission notification and review of certain rate increases of more than 2.5 percent. “Long Islanders pay among the highest utility rates in the country,” Senator LaValle said. “Accountability and transparency are critically important to protect ratepayers.”

April 4, 2011
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LaValle Bill: LIPA Must Get Public Service Commission Approval Before Hiking Rates.

New York State Senator Kenneth P. LaValle (R,C,I – Port Jefferson) passed legislation today (S2581) that would make rates fair, just and transparent. Under LaValle’s bill the Long Island Power Authority (LIPA) would be required to seek approval by the Public Service Commission (PSC) if LIPA seeks a rate increase by more than two and a half percent per year.   If enacted, the PSC would be required to review and approve LIPA's rate increase requests before they are passed on to Long Island ratepayers.

April 4, 2011
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