New York regulators weigh $200M in discounts

New York’s utility regulators are trying to figure out how to distribute $200 million in tax money allocated in the state budget to ease consumers’ gas and electric bills. The money could be distributed as a small discount to all residential customers or allocated entirely to low-income households as a larger discount. The money, part of an effort to offset increased gas and electric bills in the state, was announced by Gov. Hochul in May. Learn more about your ad choices. Visit megaphone.fm/adchoices