FOR IMMEDIATE RELEASE

ALBANY, NY (Feb. 26, 2026) – The National Federation of Independent Business (NFIB), the nation’s leading small business advocacy association with more than 11,000 members in the Empire State, issued the following statement today by NFIB New York State Director Ashley Ranslow:

“NFIB has long called for a comprehensive analysis of the costs to comply with The Climate Leadership and Community Protection Act (CLCPA), a 2019 law setting aggressive electrification mandates for the entire economy. When the CLCPA was passed, there was no fiscal analysis to understand the cost for small businesses and ratepayers. Finally, there are some answers. NYSERDA’s analysis shows that a small business could see costs rise by nearly $7,000 per year by 2031 if the CLCPA continues to move forward. This should alarm everyone – Main Street simply cannot absorb this dramatic increase, and the CLCPA’s mandates must be revisited and amended. Continuing down the current road is the opposite of affordability. With utility bills already rising to unsustainable levels, small businesses, residents, and the state’s economy cannot pay even more.”

###

For over 80 years, NFIB has been the voice of small business, advocating on behalf of America’s small and independent business owners, both in Washington, D.C., and in all 50 state capitals. NFIB is nonprofit, nonpartisan, and member driven. Since our founding in 1943, NFIB has been exclusively dedicated to small and independent businesses and remains so today. For more information, please visit www.NFIB.com.