NYSERDA approved a spending plan for revenues from the regional carbon trading program for power plant emissions that includes 10 states. The plan for the next three fiscal years focuses on reducing energy costs for consumers, as well as developing large-scale wind and nuclear generation.
“Many commenters expressed support for the newly strengthened focus on the affordability theme,” Anthony Fiore, NYSERDA’s chief program officer, said during the board meeting Monday.
Most public commenters praised the EmPower+ program funding, as well as a program to support offshore wind deployment, which has been repeatedly attacked by the Trump administration. The board did not make any changes to its draft operating plan amendment.
Affordability: The EmPower+ program, which provides energy efficiency and electrification incentives to low- to moderate-income households, would get more than $120 million for the program in fiscal 2027, about a $10 million increase from the current fiscal year.
