nuclear plant bailout

While the nation was transfixed by former FBI Director James Comey’s testimony on the Russian efforts to influence the 2016 Presidential election and the possible involvement of the Trump campaign, Albany was moving legislation which could dramatically lower electric utility rates across the state. 

nrc.gov

Assembly Democrats grilled Governor Andrew Cuomo’s energy officials for more than four hours on a plan executed by the Public Service Commission and a major energy company that will keep three upstate nuclear power plants alive for the next twelve years. Utility rate payers, mostly from downstate, will pay for the deal through a surcharge on their bills.