Skip to Content
Author: The BCW

Leave a Comment

Energy Reliability Has Long Been Top Priority for BCW

Recent soaring electric rate hikes by Con Edison have customers seething and legislators demanding answers. The controversy over Con Ed’s electric rates erupted earlier this month when many residents received monthly electric bills in which the charges for the supply of electricity in some cases tripled.

Those who depend on Con Edison for their energy supply saw their charges rise from 6 cents per kilowatt/hour to 17 cents. The cause for the rate hike was blamed on cold December and January weather which increased demand for power as well as a reliance on electricity powered by generation in plants that burned natural gas.

What’s interesting is that these skyrocketing utility costs were forecast by the Business Council of Westchester some ten years ago in a report on the impact of closing of Indian Point. The report titled “An Assessment of Energy Needs in Westchester County,” noted that electric rates could increase by 6.3 percent or more if the Indian Point is closed. “Consumers will pay over $374 million per year in added electric charges” the report predicted.

This past December, the BCW hosted a major energy conference that assembled local energy experts to discuss how New York will achieve aggressive carbon-neutral goals. Bringing Power to Westchester was a four-hour virtual event hosted by BCW Executive Vice President and COO John Ravitz, who kicked off the event by outlining the BCW’s years of energy advocacy, particularly around the debate about the Indian Point Energy Center, which permanently closed in April.

“Now we have no choice but to make sure we build that renewable energy infrastructure….to make sure we don’t have the same problems we’ve seen in California and Texas,” said Ravitz at the conference, referring to news reports assessing New York’s ability to keep power flowing during extreme heat or cold weather.

Many of the speakers discussed the challenges New York will face to meet the state’s aggressive emission-reduction standards. Others discussed the network of new infrastructure required for solar- and wind-energy production, and the need for public acceptance. “We face real reliability concerns if we don’t build the renewable-energy infrastructure,” said Ravitz. “Communities in Westchester and elsewhere can’t use environmental reviews and legal roadblocks to prevent these projects from being built. NIMBY cannot be allowed to play a role in this process,” said Ravitz adding, “If communities block these renewable-energy infrastructures from being built, we will face a  reliability  scenario that will be detrimental to the businesses and residents of Westchester County.”

Similar News Items

The Business Council of Westchester (BCW) hosted a dynamic panel discussion on Monday at Pace University, bringing together a diverse group of experts to explore the critical issue of establishing ethical standards and regulations for artificial intelligence. “Governing the Future: The Ethical Frontier of AI Regulations and Policy” was part of the BCW’s AI Alliance […]

Read Article

Bringing its exceptional brand of care to assisted living and memory care, BCW Member Broadview at Purchase College held a grand opening ceremony on Wednesday for its High Point Center for Care. More than 200 people attended the reception and ribbon-cutting ceremony for the new center, which incorporates Broadview’s signature concept of intergenerational and lifelong […]

Read Article

Governor Kathy Hochul has announced that $200 million in funding is available through the State’s two signature downtown revitalization and economic development programs—$100 million each for Round 9 of the Downtown Revitalization Initiative (DRI) and Round 4 of the NY Forward program, which focuses on revitalizing smaller and rural downtowns. Together, the two programs have […]

Read Article

Become A Member

Join the county’s largest and most influential business organization today.

JOIN NOW!
The Business Council of Westchester is committed to helping businesses market, learn, advocate, and grow. Over 80 events and programs are offered every year, giving our members ample opportunity to connect and meet with businesses representatives in the Westchester community and beyond.
Back to top