Maloney Delivers Letters in Opposition to FERC Rate Hike
Washington, D.C. – With the new capacity zone going into effect on May 1st, Representative Sean Patrick Maloney (NY-18) delivered the concerns of his neighbors and communities.
“I wanted to personally deliver letters of protest from people all over the Hudson Valley in response to this terrible decision of the Federal Energy Regulatory Commission to increase rates for ordinary customers all over the Hudson Valley. This is an unnecessary and foolish step designed to fix a problem we can fix many other ways,” said Representative Sean Patrick Maloney.
Click here to view Rep. Maloney’s remarks outside of FERC
In January, Federal Energy Regulatory Commission (FERC) approved a proposal by the New York Independent System Operators (NYISO) to create a new capacity zone in the Hudson Valley that would impose an unprecedented $230 million increase in energy costs for our region in just the first year, and nearly $500 million in increased costs over a three-year period. Initial estimates suggest that customers throughout the Hudson Valley could see their utility bills go up by 3% to 10%.
Last month, Sean Patrick Maloney and Chris Gibson (NY-19) announced legislation that would prohibit Federal Energy Regulatory Commission (FERC) from approving a new capacity zone that would raise rates for consumers. In addition, Rep. Maloney wrote in support of the New York Public Service Commission’s petition seeking reversal of FERC’s recent decision and asked FERC to take into account a number of initiatives underway like investments in transmission capacity as well as renewable energy like solar and wind energy or biomass plants like Taylor Biomass in Orange County. Rep. Chris Gibson sent a similar letter expressing concerns about the impact on energy prices and calling for a rehearing.
Neighbors and businesses can e-mail Rep. Maloney directly on how rising energy costs are going to affect you, your family, or your small business by visiting: https://seanmaloney.house.gov/contact/email-me or you can file electronically with Federal Energy Regulatory Commission at https://www.ferc.gov/docs-filing/ ferconline.asp by referencing document number ER14-500-000 or ER13-1380-000.