The N.Y. Fair Act will cut electric bills

Patrick Robbins

July 1, 2026

Con Ed Truck

Even without a heat wave like this week, times are tough for New York’s utility customers. New Yorkers pay some of the highest electricity prices in the country, and these high prices have real consequences. Last year, Con Edison disconnected more than 88,000 households for nonpayment, and according to an AARP study released in March, one in five older New Yorkers has taken on debt or borrowed money in order to afford utility bills. Combine this with legally approved rate hikes and the long term supply impacts of the Iran war, and you’ve got a recipe for an electricity affordability crisis. 

Read More: https://www.nydailynews.com/2026/07/01/the-n-y-fair-act-will-cut-electric-bills/