In a move aimed at protecting consumers and promoting renewable energy sources, New York public utility regulators announced today that they will be implementing stricter regulations for utility companies starting in 2026.The Public Service Commission (PSC) approved a series of measures that will require utility companies to increase their investments in renewable energy and infrastructure upgrades, while also imposing tighter restrictions on rate increases.One of the key changes is the establishment of a Renewable Portfolio Standard (RPS) that will require utilities to generate a certain percentage of their electricity from renewable sources such as wind, solar, and hydroelectric power. The goal is to reduce the state's reliance on fossil fuels and lower greenhouse gas emissions.In addition to the RPS, the PSC also approved measures to improve the reliability and resilience of the state's electric grid. This includes requiring utilities to invest in modernizing their infrastructure to better withstand extreme weather events and cyber threats.Furthermore, the PSC announced that it will be implementing a more transparent and rigorous process for reviewing rate increase proposals from utilities. This is in response to concerns from consumer advocacy groups about the rising cost of electricity in the state."These new regulations are a vital step towards a more sustainable and affordable energy future for New York," said PSC Chairman John Smith. "By promoting renewable energy and ensuring that utilities invest in a more resilient grid, we can better serve the needs of consumers while also protecting the environment."The announcement was met with mixed reactions from utility companies. While some expressed support for the measures as a way to help meet the state's clean energy goals, others raised concerns about the costs of compliance and the impact on their bottom line.Overall, the new regulations represent a significant shift in the way public utilities are regulated in New York. By prioritizing renewable energy and grid modernization, regulators hope to create a more sustainable and reliable energy system for the future.