Assemblyman Cashman has proposed a bill to address energy affordability that sets a cap on rate hikes.
Assemblyman Michael Cashman has introduced a bill that addresses energy affordability. If enacted the legislation would, among other things, cap annual electric rate increases at 2.5% and pause major rate hikes for 180 days pending independent audits. Assemblyman Cashman noted that “Legislation alone isn’t enough.” That’s why he said he’s working across party lines and calling on the Governor to take immediate action. This isn’t partisan, it’s about families struggling to pay their bills and keep their homes safe.
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