NYSEG and RG&E Invest More Than $1.4 Billion with NY Suppliers Since 2023
NYSEG and RG&E are economic drivers for goods and services in New York
Companies invested more than $700 million in 2024
BINGHAMTON, N.Y. — June 11, 2025 — New York State Electric & Gas (NYSEG) and Rochester Gas and Electric (RG&E) are highlighting the more than $1.4 billion invested with New York-based suppliers since 2023.
“We take pride in our impact to the local economy,” said Patricia Nilsen, president and CEO of NYSEG and RG&E. “We recognize the importance of contributing to businesses in our own backyard. When we invest in our local communities, it provides more opportunities for our neighbors and improves the quality of life for all.”
Last year alone, NYSEG invested $514 million in goods and services from companies within New York. RG&E invested $232 million in 2024. Goods and services purchased include a wide range of materials including breakers, transformers, wire cables, safety equipment, and other necessary materials. These investments provide customers with reliable access to energy, improve the customer experience, and enable NYSEG and RG&E to remain in compliance with state and federal regulations.
Other impacts to the New York economy include jobs supported and taxes and fees. NYSEG and RG&E employ more than 3,000 people including lineworkers, meter technicians, customer service representatives, plus various support staff. The Companies also hire third-party contractors for various capital projects and for storm response. Last year alone, NYSEG and RG&E paid $581 million in state and local taxes.
Avangrid, the parent company of NYSEG and RG&E, partners with over 7,000 suppliers in all 50 states. Last year, Avangrid supported domestic suppliers with spending of $4.3 billion, including $1 billion in the state of New York, affirming the company’s commitment to supporting domestic jobs and manufacturing.
Media Contact:
Michael Baggerman