New York, NY – New Yorkers were walloped with a 9.6 percent surge in their power bills last year, even though national electricity prices hardly budged, new government data show.
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A typical monthly Con Ed bill for an apartment using 300 kilowatt hours of electricity was $77.50 in 2010, compared with $70.74 a year earlier, according to the data from the US Energy Information Administration.
The company charged 25.85 cents per kilowatt hour — more than twice the national average of 11.54 cents, the figures show.
Con Ed blames its high prices on the cost of maintaining its underground distribution system, labor costs and taxes — a hidden cost that takes up more than 20 percent of all bills.
Con Ed is expected to seek a rate boost next year that would kick in sometime in 2013.
There should be an investigation. The factors that cause higher costs of doing business in NY may be true but there are offsetting savings based on the density of population. One mile of overhead serves thousand compared to 20 or 50 out of the City.
Con Ed should be renamed to Con NY since they’ve been conning New Yorks for years.
Con Ed charges about 26 cents per kilowatt hour. The latter figure is more than double, what my local electric utility company (Americal Electric Power) charges me per kilowatt hour.
Obviously, the city does’nt care since the more ConEd charges, the more the city rakes in in taxes. Nothing is gonna happen.