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N.Y. PSC Approves Millions in COVID-19 Debt Relief Tax Credits for Utilities
March 22, 2025

ALBANY, New York, March 22 -- The New York State Public Service Commission (PSC) has approved millions of dollars in Debt Relief Tax Credits for nine utility companies, acknowledging their efforts to alleviate customer debt accrued during the COVID-19 pandemic. This decision, formalized in an order issued on March 21, 2025, stems from the state's 2021-2022 budget, which introduced financial relief programs for affected consumers.

The order, designated Case 21-M-0254, implements . . .

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