One-Time POWER Rebates to Ease New York Energy Bills This Fall

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Source: New York Post
One-Time POWER Rebates to Ease New York Energy Bills This Fall
Photo: New York Post
TL;DR Summary

New York residents who filed a 2024 NYS resident income tax return and meet income thresholds will automatically receive POWER electricity rebates by mail this month through December, with amounts ranging from $100 (single filers under $150,000) to $200 (joint filers under $150,000), and $150 for joint filers earning $150,000–$300,000. Eligibility requires filing 2024 NYS resident tax return, full-time NY residency in 2024, not being claimed as a dependent, and income within the qualifying ranges; no application is needed. The rebates are funded by a $1 billion boost in the state budget to offset rising electricity costs amid high utility bills in NY.

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