NYSEG Proposes 22% Utility Rate Hike for New Yorkers; Decision Expected in 2026

NYSEG and Rochester Gas and Electric have submitted a formal proposal to the New York State Department of Public Service requesting an increase in the delivery rates for gas and electricity.

According to a press release issued by NYSEG, customers may see their utility bills rise by 22% under the proposed changes.

The request is part of the “Powering NY” plan, which outlines the need to cover both current and new mandated charges passed on to consumers.

NYSEG states that these charges already account for around 22% of customer bills and would support a range of initiatives, including storm restoration efforts within 72 hours, customer assistance programs, upgrades to support statewide broadband, compliance with state climate goals, and adherence to new prevailing wage laws and requirements for in-state call centers.

The plan also includes funding to hire over 1,000 new full-time employees to assist in meeting the state’s evolving energy and infrastructure needs.

The Department of Public Service is not expected to vote on the proposal until 2026 as it needs adequate time to assess the plan’s impact on customers and how it aligns with both existing and future regulations in New York.

If approved, the proposed rate increases could go into effect as early as 2026 or possibly in 2027.

NYSEG Proposes 22% Utility Rate Hike for New Yorkers; Decision Expected in 2026