Cuomo Delivers: New York Electricity Prices 44% Higher Than U.S.

New York electricity prices are now 26% higher than Pennsylvania’s and 44% higher than the U.S. average according to the Energy Information Administration.

New York residents, on average, pay 44% more for electricity than other states, 26% more than neighboring Pennsylvania and 40% more than Ohio. In January of this year, New Yorkers (and New York utility companies) were briefly forced to pay a record high of $140.25 per thousand cubic feet (Mcf) for natural gas, as opposed to what everyone else was paying (an average of $3.08/Mcf)—which is 46 times as much!

Both stats are rooted in the same issue: New York pays way more for energy than it has to, because Andrew Cuomo is blocking natural gas pipelines into the state from Pennsylvania. So says a new report titled “Pipelines and their Benefits to New York” (full copy below).

The report, published by the Consumer Energy Alliance, examines the benefits of pipelines to New York, highlighting the need for affordable energy supplies to keep the daily lives of families and businesses across New York moving. Without those pipelines, we’re toast. You can’t build windmills and solar farms fast enough to meet the demand for electricity and, by extension, natural gas. Cuomo’s dysfunctional energy policies are blocking all New Yorkers, upstate and downstate, from living even moderately prosperous lives.

Read more:

http://naturalgasnow.org/cuomo-delivers-new-york-electricity-prices-44-higher-u-s/

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