Labor and construction industry representatives have sharply criticized two legislative proposals introduced by Democratic Representative Josh Riley aimed at curbing rising energy costs. The Hudson Valley lawmaker recently promoted the bills, which seek to limit executive bonuses when utility rate increases outpace inflation and to prohibit foreign ownership of utilities.

Steve Carroll, president and business manager of the IBEW Local 320 labor union representing Central Hudson employees, challenged Riley’s claims that the bills would reduce energy expenses. Carroll emphasized that the proposed measures would not lower costs or alter the essential work required to maintain the energy grid.

“Our members build and maintain the infrastructure that keeps power flowing across the Hudson Valley,” Carroll stated. He underscored the importance of continued investment in the grid and in the skilled local workforce responsible for ensuring reliable service.

The union’s critique highlights concerns that the legislation overlooks ongoing efforts by utilities to modernize energy infrastructure in the region. Labor leaders contend that the bills could hinder progress by failing to recognize the financial commitments utilities have made to improve and maintain the local power system.

Riley, meanwhile, maintained that his bills are necessary responses to rising energy prices impacting constituents. The lawmaker argues that restricting executive bonuses tied to inflationary rate increases and barring foreign control of utilities could provide relief to consumers facing higher costs.

The debate underscores differing perspectives on how best to address energy affordability while sustaining infrastructure investments critical to service reliability. Industry groups caution that the proposed restrictions might deter necessary capital improvements, while the legislation’s supporters advocate for measures to rein in corporate practices they view as contributing to higher bills.