Electricity and Natural Gas Rates in New York are Climbing

The cold winter season brought increased heating demand and cut our nation's working gas in storage to levels 25% below prior year, and 11% below the 5-year average. Our Natural Gas in storage is now at its lowest point since 2022, when energy markets spiked. As you can see in the chart below, energy rates are now starting to approach 2022 levels.

Consumers in New York should anticipate continued volatility in the energy markets for the foreseeable future. The duration of this winter’s cold weather, the dip in natural gas storage, and geopolitical developments, such as the possible Canadian import tariffs, will impact volatility. For more details, or to discuss your individual energy strategy, please reach out to us at info@megaenergy.org.

MEGA was on the move in February! We exhibited at the New York Conference of Mayor's Winter Legislative Conference, the New York Association of Town's Annual Conference, and the New York State Association of Counties Legislative Conference. We would like to thank NYAOT, NYCOM, and our partners at NYSAC for the opportunity to connect with members and spread the power of partnership.



MEGA also hosted our annual Energy Summit with speakers from EnergyNEXT, Constellation Energy, NRG, and the New York Independent System Operators. A big thanks to all of our expert speakers and member attendees that made the event a success.

NYS Legislative Update

New York State’s energy landscape is evolving, bringing both opportunities and challenges. Governor Hochul’s Executive Budget makes bold climate investments, introducing a $1 billion Sustainable Future Program to support renewable energy development and clean transportation. Additionally, the state continues to make progress in building renewable energy infrastructure, with the New York Power Authority’s new plan to develop over 3,200 megawatts of solar and battery storage capacity.

Community Solar Opportunities

MEGA has multiple community solar opportunities for members within the National Grid and Central Hudson utility territories. Community solar is a great way to save up to 10% on your monthly electricity bill.

Please call 518-727-5177 or email pkelly@megaenergy.org.

Chemung County

Nestled in New York’s Southern Tier, Chemung County is a vibrant community that blends rich history with modern attractions. Established in 1836 and named after a Delaware Indian village, Chemung County has grown into a thriving region known for its diverse cultural, education, and outdoor recreation offerings. We are grateful to Chemung County, the City and Town of Elmira, the Town of Van Etten, the Town and Village of Horseheads, the Town of Catlin, and the Village of Elmira Heights for being members.

Upcoming Natural Gas Lunch and Learn

Join us, and our partners at NRG, on April 8th for a lunch and learn on everything you need to know about natural gas and your municipality or school. Bring your questions!

MEGA's Board of Directors Convene

MEGA is governed by a board of directors elected annually by representatives from our 30 county members. The MEGA board convened on February 23rd for their first meeting of 2025.

Our mission is to serve public entities in New York State. Any revenue we generate is invested in serving our members. Our focus is lower costs and better service for our members, and as a non-profit local development corporation that focus will never change.

Our Partners:

Want to learn more about MEGA? Visit our website or check us out on our socials!