Why Electricity Bills Are Set to Spike in New York City

Douglas McIntyre, Editor-in-Chief at Climate Crisis 24/7, reports on the looming electricity crisis in New York City. As the city struggles with limited energy generation, Consolidated Edison CEO Tim Cawley warns that $7 billion in annual upgrades will be needed to meet rising demand. With residential, business, and emerging loads like air conditioning and Bitcoin mining straining the grid, McIntyre highlights why New Yorkers should brace for higher electricity bills.