Niagara Leader

Senior members of the New York Power Authority (NYPA) held a public forum in Albany to discuss proposed rate hikes for preference power over the next four years. The increases are intended to address rising maintenance and operations costs, with rates set to rise from $12.88 per megawatt hour to $33.05 by 2028.

The proposal has drawn criticism from several state legislators who argue that these hikes will negatively impact businesses, municipalities, and consumers across New York State. Senator Rob Ortt expressed concern about the effect on Western New York manufacturers: "New York is one of the worst states to operate a business in, and manufacturers in Western New York have been struggling to make ends meet... This will surely lead to even more businesses closing their doors and leaving our state."

Senator George Borrello also criticized the plan, stating: "NYPA’s proposed rate hike isn’t just excessive—it will be a devastating blow to the communities and businesses that depend on affordable hydropower." He urged NYPA's board to reconsider the decision.

Assemblyman David DiPietro echoed these sentiments, calling the rate hikes "outrageous" amid current economic challenges. Assemblyman Paul Bologna added that increased hydropower prices would have "devastating impacts" on those reliant on this energy source.

Other officials like Assemblyman Patrick J. Chludzinski emphasized affordability concerns: “Affordability is at the heart of why so many residents and businesses are leaving our state.” Senator Patrick M. Gallivan noted that such dramatic increases would further challenge living and working conditions in New York.

Assemblyman Angelo Morinello warned of broader economic consequences, suggesting businesses might reconsider operating in New York due to these changes. Meanwhile, Assemblyman Steve Hawley called for NYPA to reject the increases altogether.

The public comment period remains open until February 24th, allowing stakeholders an opportunity to voice their opinions via email at secretaryoffice@nypa.gov. A final vote on the proposal is scheduled for July 2025.