Gov. Hochul Outlines Climate Proposals in her Executive Budget Proposal

In her 2023-2024 Executive Budget proposal, Gov. Kathy Hochul included language that would direct the NYS Fire Prevention and Building Code Council to:

• Prohibit the installation of fossil fuel equipment and building systems in the construction of new one-family and multi-family residential buildings no more than three stories beginning December 31, 2025, and for new multi-family buildings higher than three stories and new commercial buildings starting on December 31, 2028.
  

• Prohibit the installation of fossil fuel space and water heating equipment and related building systems when retrofitting existing residential and multi-family buildings no more than three stories beginning on January 1, 2030, and all multi-family and commercial buildings starting January 1, 2035.
  

• Exempt from the ban, fossil fuel equipment and building systems installed and used for emergency back-up power in a manufactured homes and certain commercial buildings.
  

NYSAR is continuing to analyze the governor’s budget regarding her climate action proposals. While NYSAR supports a transition to renewable energy, there remains serious concerns over the cost and fiscal impact on current and future homeowners. Estimated up-front costs to retrofit a home to be all-electric range from $12,000 – $50,000. To learn more about these issues and sign up to receive updates, visit www.NYelectrificationfacts.com.