Frequency and duration of power outages decreased in New York in 2022 outside of major storms, but one utility missed its target for the fourth year in a row.

Six utilities have indicated they will apply for federal loans and grants totaling roughly $900 million made available from the IIJA and IRA.

Seven N.Y. utilities filed a proposal aiming to help develop a "fully decarbonized electric system” by improving grid planning coordination among stakeholders.

NYSEG faces a $250,000 fine for each violation and their Sampling Plan addresses the public safety and remedial issues raised in the PSC investigation.

New York’s IOUs reported a slow rollout of EV fast-charging stations under the state’s $701 million incentive program to build 50,000 stations by 2025.

The New York PSC approved more than $70 million in electric bill relief over the summer for low-income Con Ed customers in NYC and Westchester County.

The New York PSC modified its VDER compensation policy and authorized $43 million in state funding for solar and community distributed generation projects.

New York is fine-tuning its Clean Energy Standard (CES) and closing the books on the energy efficiency programs used since 2008.

Avangrid reported consolidated net income of $239 million ($0.77/share), compared with $212 million ($0.69/share) for the same period in 2016.