The NY REV: Utility Engagement with Low-Income Communities

On July 20th, the World Economic Forum in collaboration with the New York Governor’s office, organized a workshop focused on New York’s Reforming the Energy Vision (REV) initiative. A number of leading energy professionals participated, including representatives from the utility sector, capital markets experts, as well as current and former state utility regulators. Participants worked together to craft practical policy recommendations designed to advance the various NY REV goals. Participants discussed approaches utilities could take to engage low and moderate-income (LMI) customers. Currently, New York has 2.3 million LMI households, representing one-third of the state’s population. At current funding levels,… [more]