ALBANY, N.Y. (NEXSTAR) — State agencies reviewed federal energy tariffs that risk raising New York’s utility bills while driving down reliability. Officials from the Department of Public Service, the New York State Energy Research and Development Authority, and the Division of Homeland Security and Emergency Services released a report that looked at costs, supply issues, and energy options in light of President Donald Trump’s tariff plans.

On March 10, Gov. Kathy Hochul and Senate Majority Leader Chuck Schumer wrote to DPS, NYSERDA, and DHSES, giving them seven days for an initial analysis on new tariffs set by the White House, followed by a full report. So, in their new report released on Thursday, those agencies examined how a 10% tariff on natural gas, heating oil, propane, diesel, and gasoline, and a potential increase to 25% on electricity could hit wallets.

The report—available to read at the bottom of this story—estimated near-term cost hikes based on past import data. For example, the tariffs could raise New Yorkers’ electricity costs by anywhere from $42 million to $105 million each year. Heating oil costs could rise by about $57 million a year, diesel by $48 million, gasoline by $26 million, propane by $16 million, and natural gas by $4.4 million.

Despite the large numbers, the agencies said the increases could be relatively modest because New York’s own strict policies succeed in slowing down the negative effects. But while state investments in clean energy and transmission projects could soften the blow, more tariffs on other materials used in power projects—like steel and aluminum—would force bills up either way.

The report found that, while many natural gas providers can switch suppliers, others depend on energy imported from Canada. Liberty Gas—fueling some 15,000 households and businesses in the North Country—and the city of Plattsburgh’s 5,400 residents would face major supply issues.

If American tariffs inspire Canada to cut energy shipments to New York, the report said that, in those examples, there’s no easy fix. Without alternative pipeline connections to the wider state network, local systems lack the infrastructure, fleet capacity, and personnel necessary to bridge the gap to replace Canadian supply.

New York’s Energy Affordability Policy aims to cap household energy costs at 6% of income. Ratepayers in New York pay into an earmarked fund for this program, which also uses federal LIHEAP money. This is how the state discounts energy for low-income households, but any rise in energy costs—including from tariffs—would mean that taxpayers have to pay more for those discounts.

The report calls for more transparency so New Yorkers understand what they’re paying for and why. Some natural gas suppliers already plan to add a line item to their bills to highlight the impact of federal tariffs. DPS is also creating a public portal online to track the numbers and any extra charges.

In a worst-case service disruption scenario, the costs would balloon further. That’s because the state would have to foot the bill for even more mitigation efforts, like warming and cooling centers. So, the report also reviewed state emergency plans, including potential waivers for truck, rail, or water shipments in case fuel delays worsen.

Should Canada retaliate by blocking energy exports—especially during peak hot and cold seasons—New York would need to look elsewhere, and to run local natural gas plants more often. With tariffs sparking so many new direct and indirect costs, the report urged officials to plan for this possibility by examining all backup options and coordinating with other states.

Take a look at the report below:

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