Building a Realistic Energy Future for New York

New York has set some of the nation’s most ambitious climate goals. That vision is important, but while we work toward a cleaner future, families and businesses are paying the price for an energy system that does not meet today's needs.

New Yorkers already pay far more for energy than the rest of the country. In May 2025, residential electricity prices were 53% higher than the national average, and natural gas prices were 22% higher.

These higher costs are largely driven by state policy choices and infrastructure challenges, not utility companies. At the same time, demand is rising rapidly as more buildings, vehicles, and appliances move to electric power.

The current state plan relies heavily on wind and solar to increase energy supply. Those investments are vital, but most projects are still years or even decades away from going online. New Yorkers cannot afford to wait that long.

To achieve climate goals and keep energy affordable, we need a balanced, “all-of-the-above” strategy. That means continuing to build renewables while also expanding established, reliable sources like natural gas and nuclear energy, and improving transmission so clean power actually reaches homes.

Governor Hochul’s proposals — including a new nuclear facility and two natural gas pipelines — are practical, expert-backed solutions that can lower costs, strengthen reliability, and keep New York on track.

By the Numbers

53%

Higher NY Residential Electricity Prices

EIA, May 2025

6 in 10

New York Homes Already Powered by Natural Gas

U.S. EIA, January 2025

1 Million

Homes Powered by Proposed Nuclear Plant

Gov. Hochul, July 2025

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