NYISO leaders Monday said the new solar and wind investments to reduce state emissions generate 700 megawatts to New York's system. "We're trying to build more capacity and early on." "There's going to be much more load on these electric systems than there has been in the past, so we're trying to build them," Stella said. National Grid has started system upgrades in preparation for a higher reliance on electric energy. National Grid has plans to be fossil fuel-free by 2050 to stay on pace with the state's climate goals outlined in the Climate Leadership and Community Protection Act that requires the state to reduce its greenhouse gas emissions by 85% by 2050. The company estimates a 39% increase for its natural gas customers this winter compared to last, and an overall 22% increase for customers across upstate New York.ĭemand on the state's electric system is increasing as buildings and vehicles shift to electricity in an effort to not rely on using fossil fuels. "It's some of the things we're trying to do just to prepare and help customers that may be financially in trouble during the winter season." " will try to help those kinds of customers who just don't make the cut-off for the federal programs and things like that," National Grid spokesman Patrick Stella said. The utility's one-time program is separate from available federal and state assistance, and is expected to help an additional 31,500 New York households that do not qualify for the Home Energy Assistance Program or other aid. Last week, National Grid announced it would donate $6 million to customers struggling to pay their bills with the higher costs this season. Utility companies are bracing themselves for more consumers struggling to pay their energy bills. He added that lawmakers and state officials must be aware of the forecasted increases they can't control and sustained impact on taxpayers. "We expect high prices going into the new year," Lanahan said. NYISO has been working with transmission owners and utilities around the state to make sure customers are aware of the expected cost increases. The price of fuel and natural gas directly impact the cost of electricity. The higher prices, with increases between 30 and 40%, aren't expected to turn around before the spring thaw. "Right now, it doesn't look like that's an issue, but the pricing issue is definitely something that we're concerned about and we want to make sure consumers understand going into the heating season." "The real concern we have is whether or not that's going to impact fuel supplies here in the state," Lanahan said. "We're well-positioned to meet this winter's forecast," said Kevin Lanahan, NYISO's vice president of external affairs and corporate communications.Įxperts with New York Independent System Operator, which is responsible for the functioning of the state's electricity grid, estimate the state's power system will have a surplus of 1,620 megawatts at peak demand. Inflation, ongoing supply issues from the COVID-19 pandemic and the war in Ukraine continue to keep energy costs significantly higher, but New York's power grid has a sufficient supply of energy and won't be strained to carry the state through the winter season, according to an assessment Monday by New York Independent System Operator. New Yorkers are expected to see electric bills increase by more than 30% this winter compared to last year in wake of various national and geopolitical factors keeping the cost of natural gas and electricity elevated.
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