New York didn’t stumble into an energy crisis. Albany built one.
A decade ago, New York’s grid ran on a balanced mix of nuclear, natural gas, and renewables, and families paid about 18¢ per kWh for electricity.
Then Albany shut down Indian Point in 2020 and 2021, eliminating 2,000 megawatts of clean, reliable, around-the-clock power.
What happened next?
Natural gas jumped from 36% to 47% of the grid. Renewables barely moved. Electricity prices climbed to nearly 30¢ per kWh, about 70% higher than the 2016 low and now among the highest in America.
And the craziest part? New York sits on top of some of the most abundant, affordable natural gas in the country, yet politicians blocked the pipelines needed to bring it to consumers.
The solution isn’t complicated: finish the pipelines, keep nuclear and build more of it, complete the Champlain Hudson transmission line, unlock the jobs and mineral rights of the Southern Tier, and eliminate the hidden fees driving up utility bills.
Affordable, reliable power is a choice.
As Comptroller, I’ll be the watchdog who holds Albany accountable for the cost of that choice.