New York Regulators Weigh Return of Utility-Owned Solar and Wind Generation
New York state regulators are currently evaluating proposals from utility companies to allow them to generate their own power, specifically through solar and wind farms. This move would reverse a policy from the 1990s that mandated utilities sell off their power plants to foster competition. Utilities, including Con Edison, National Grid, and Avangrid-owned Rochester Gas and Electric and New York State Electric and Gas, argue that independent power companies have not met state climate goals due to financial and supply chain challenges. They contend that utility-owned generation is essential to reliably and affordably meet New York's increasing energy demands and achieve clean energy targets. The Public Service Commission is considering this change as part of its strategy to boost clean and renewable energy generation across the state.