NYSERDA
Summary
Governor Kathy Hochul today announced plans to invest more than $1 billion to address the climate crisis and achieve a more sustainable and affordable future as part of her 2025 State of the State. This ambitious proposal would be the single largest climate investment in state history, generating thousands of jobs, slashing energy bills for households, and cutting harmful pollution. Today's announcement demonstrates New York State’s continued commitment to deploying renewable energy, advancing clean transportation and building decarbonization, and the exploration of emerging technologies that can support decarbonization goals and economic development.
Governor Hochul’s investment will span across different sectors of our economy and across the State’s geography by:
• Retrofitting homes and incentivizing the installation of heat pumps.
• Ensuring our public infrastructure can serve as hubs of sustainability, including building out thermal energy networks at SUNY campuses that can model a pathway towards the next generation of energy infrastructure.
• Expanding green transportation options across the state and supporting businesses of all sizes in their decarbonization journey.
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