BUFFALO, N.Y. — Days after President Donald Trump signed his policy bill into law, a consumer alert was issued by longtime energy provider and management company, NOCO.

The company told thousands of its residential and business customers that energy costs are on the rise.

"In New York state, we are in a pickle here," said Mike Casciano, president, COO, NOCO. "We have a very high demand and a very low supply."

NOCO leaders say the law will eliminate many of the tax incentives for energy-related products and services by the end of this year that were part of the Inflation Reduction Act passed during the Biden administration.

Supporters of the bill, like Rep. Nick Langworthy, say the legislation will actually recoup funds from what he calls the "harmful and ineffective programs" in the Inflation Reduction Act, save taxpayer dollars and return it to middle class families.

“We’re stepping to lock in the Trump tax cuts permanently and to provide targeted new relief to the workers, to the families who keep this country running, seniors, tipped workers and those putting in overtime to get ahead," said Langworthy (R - NY23).

Still, NOCO is advising business and home owners to complete energy-related projects before the credits and cost savings expire.

"Don't let this opportunity pass," said Casciano. "We just don't want people to miss out on this kind of a once-in-a-very-short-lifetime here opportunity."

Leaders say the same holds true for incentives on battery storage, as well as electric vehicles and chargers, set to expire by the end of September.

"You can see the light coming down the track. It's coming. I mean there's no doubt our energy costs are going to go up," said Casciano. "When you talk about adding $60, $80, $100 per month potentially of additional utility costs and you take that out of a family's budget, that's a lot of money."