Despite promises that electric deregulation in New York would bring lower rates and a more efficient grid, we suffer from some of the nation’s highest rates and an aging, inefficient grid expected to cost $30 billion to update.
Also, New York lags other states in switching to renewables, with its percentage of electricity produced by solar and wind stuck in the single digits.
But earlier this year, Gov. Andrew Cuomo set a goal of generating half of all New York’s electricity with renewables by 2030 and cutting carbon emissions by 40 percent.
Recognizing the state can’t meet . . .
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