For Release — March 16, 2015
The Business Council supports Senate proposal to eliminate energy surcharge
ALBANY—The Business Council supports Senate proposal to eliminate energy surcharge
The Business Council of New York State, Inc. applauds the State Senate for proposing the elimination of the Section 18-a temporary energy surcharge in its budget proposal for Fiscal 2016.
This provision, set forth in S.4208, Part SS, would repeal the remaining Section 18-a assessment, saving business and residential ratepayers a total of $173 million in 2015 and $134 million in 2016.
Reducing business costs is a key component to growing the state’s economy and creating more private sector jobs.