Astoria, Queens—State Senator Michael Gianaris (D-Queens) commended state utilities regulators for granting approval for the construction of a $1.4 billion power plant in Astoria along the East River. The new plant will reduce toxic emissions at the site by more than 85% by replacing an older, less-efficient and dirtier plant.
“Western Queens residents can breathe a little easier today,” stated Senator Michael Gianaris. “We bear more than our fair share of the burden for producing New York’s electricity. Anytime we replace an old, dirty generator with a newer, cleaner one is a significant step in the right direction.”
Sends letter to the federal government requesting reconsideration
Queens, NY – Senator Michael Gianaris is fighting the passage of a drastic increase to electricity rates in New York City. He is calling for the federal government to reconsider its decision to increase electricity rates by 12 percent for residents and by 17.5 percent for businesses Such a rate hike would cause major increases to monthly electricity bills, which could hurt the ability of residents and businesses to pay their expenses. He has sent a letter to the Federal Energy Regulatory Commission (FERC) requesting that they re-evaluate the necessity of this 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.
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.
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.
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.
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.