The New York State Assembly proposed a $2.6 billion rebate program called POWER Checks (Protecting Our Wallets Energy Rebate). Eligible residential ratepayers with household incomes below $150,000 would receive a $500 rebate, while those earning between $150,000 and $300,000 would get $300. The proposal also includes a two-year moratorium on utility rate increases and shifts $163.3 million in ratepayer costs to the state general fund. The budget deadline is April 1, 2026.
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