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NY Assembly Proposes $2.6B Energy Rebate for Households

3/19/2026

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Democrats Propose Rebates
  • New York Assembly Democrats propose a one-time energy rebate totaling $2.6 billion for more than 5 million households.
  • Households earning under $150,000 would receive $500, while those between $150,000 and $300,000 would get $300.
  • The plan includes a two-year freeze on utility rates to provide immediate relief amid rising costs.
  • Governor Kathy Hochul has suggested scaling back climate mandates, sparking debate as the proposal stays under budget discussion.
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