@NassauExec Everybody wants lower electric bills. That’s the easy part. But promising lower rates without explaining how you’ll address wholesale electricity costs isn’t much of a plan. Natural gas prices influence electricity prices across New York. What’s the actual proposal?
@hernandezforny@KathyHochul The missing piece in this debate is electricity supply. Delivery rates are regulated, but wholesale electricity prices fluctuate with market conditions, including natural gas prices. We can argue about who deserves the blame, but ignoring supply costs won’t help
@WGRZ Yup, because electricity is generated by natural gas. Fossil fuel companies getting rich and laughing at us while we blame the delivery companies. But we only have our selves to blame because we are too lazy to even figure out what is really driving our bills.
@WGRZ Supply supply supply!! Supply has doubled over the last few years and we are doing nothing about it. We keep pointing the finger while blocking major infrastructure upgrades. We need to find away to cut ties with the wild swings in natural gas.
@WGRZ The real issue is the cost of supply, mandated government fees. We need to invest in local power generation and the grid more generally. We are handcuffed to the price of NG and all the baggage that comes with it.
@WallStreetApes So Riley is fine with Iberdrola when it is in the investment account, but not when it is time to score political points? That is not leadership. That is hypocrisy.
@news10nbc Lawmakers miss the budget deadline, go unpaid, then write a bill to defer their own utility bills and waive late fees. Must be nice. Regular people are told unpaid bills raise costs for everyone else. Apparently that lecture has exceptions.
@nypost People fear higher bills because leaders keep skipping the hard explanation. Building new generation has costs, but staying dependent on volatile natural gas has already crushed ratepayers. Pretending gas is the cheap safe option is not honest.
@News_8 417 MW margin going into summer is razor thin. Demand is up, supply isn’t. You can’t keep blocking projects and expect the grid to hold during extreme heat.
@RepRileyNY Please, hard to take this guy seriously. He built his legal career winning an $876 million Army contract for Palantir, Peter Thiel’s surveillance tech company, and then took $76,000 from their executives during his 2024 campaign. Others pledged to give it back, Riley didn’t.
@RepRileyNY Riley represented Palantir to ensure their mass surveillance technology was unleashed on American citizens, then turned around and took money from them when in the public sector. He can’t be trusted on any of this.
@13WHAM Businesses are getting squeezed because energy prices are tied to global fuel markets. We keep debating symptoms instead of fixing the root problem. More local generation means more stability over time.