Deregulation itself is a response to the inherent problems of consumers interacting with a monopoly. Deregulation should be completed. The problem is that it was done immediately, without giving the market sufficient time and incentives to evolve into a truly free market. New Yorkers should remain committed to the path of deregulation, while making some transitional adjustments. For these reasons, my administration will continue to support deregulation, while we take proactive steps to ensure a smoother transition for the consumer.
Energy policy is no place for trying to score partisan political points.
It is far too serious a matter, with too many lasting implications. Our common ground on this issue should be clear - nobody wants blackouts or excessive price hikes that would hurt the most vulnerable New Yorkers the most. I believe that this four-point plan will help New York City achieve the dependable, affordable, and sustainable energy supply that we need and deserve.