SB 5995 aims to modernize the grid and lower costs for consumers
ALBANY, NY – Today, New York Senator Leroy Comrie introduced legislation, Senate Bill 5995, to integrate New York’s gas and electric energy planning process and save consumers money – ensuring our utilities are making only the investments that are most cost-effective, forward-thinking, and aligned with the state’s clean energy goals. Under the bill, Public Service Commission (PSC) must establish an integrated energy system planning protocol that considers both gas and electric system investments together to preventwasteful and unnecessary spending, protect against over-or under-building, maximize efficiency, and ensure grid reliability at the lowest possible cost to ratepayers.
