URGENT UPDATE: New York Governor Kathy Hochul has just announced the termination of the over 40-year-old regulation known as the “100-foot-rule,” a significant shift that impacts natural gas utility providers and homeowners statewide. The decision, made public on October 10, 2023, aims to address affordability concerns for residents struggling with rising utility costs.
The 100-foot-rule, established in 1981, required utility companies to cover the cost of the first 100 feet of a new gas line installation for residential properties. Governor Hochul emphasized that this subsidy has become outdated, saying, “It’s simply unfair, especially when so many people are struggling right now, to expect existing utility ratepayers to foot the bill for a gas hookup at a brand new house that is not their own.”
This legislation, now signed into law, is poised to reshape the landscape of natural gas connections across the state, as homeowners will now bear the costs associated with these installations. The move is aimed at fostering fairness among utility ratepayers while encouraging more sustainable heating practices.
The decision comes at a crucial time when many New Yorkers are grappling with escalating energy costs. By removing this long-standing regulation, the governor hopes to create a more equitable system for all residents, especially those in new developments.
In her press release, Hochul pointed out that the original intent of the 100-foot-rule was to promote cleaner heating alternatives over dirtier sources like coal and oil. However, she stated that the economic landscape has changed, necessitating a reevaluation of such subsidies.
As this policy takes effect, New Yorkers are encouraged to prepare for potential changes in utility billing related to new gas line installations. Homeowners and builders will now need to account for these costs upfront, which could influence housing affordability and development projects moving forward.
NEXT STEPS: Residents and stakeholders in the energy sector will be closely monitoring the ramifications of this legislative change. The governor urges all parties to adapt to this new framework swiftly, emphasizing the importance of transitioning towards more sustainable energy practices.
Stay tuned for further updates on this developing story as New York navigates the implications of this significant regulatory shift.
