New York, NY – Con Ed to Zap NYers for 4% More $$

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    New York, NY – A Con Ed rate hike that kicks in next week could be the first noticeable bump in New Yorkers’ electric bills in three years.

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    Expect about a 4 percent boost in electric costs starting April 1, when the second year of a three-year rate-hike plan approved by the state last year takes effect.

    New York City apartment dwellers who now pay $87 for 300 kilowatt hours per month will see their bills jump to about $91, Con Ed estimates.

    Read more in NY Post


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    6 Comments
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    bennyt
    bennyt
    13 years ago

    Why are the raising rates again? Aren’t they already making billions a year in profit? Why does the PSC even approve their rate hike requests. New Yorkers are already leaving this overtaxed city in droves!

    mannie
    mannie
    13 years ago

    Never ending this hikes, Coned gives worse service ever, working on a job for weeks, the answer is union.

    Darek
    Darek
    13 years ago

    Come to think of it its not that much money compared to cell phones, rent, or insurance. And they are actually providing u with something… One parking ticket is as much as a months worth of electric!

    GB_Jew
    GB_Jew
    13 years ago

    This morning’s newspapers, over here in the UK, paradoxically reports a completely different scenario.

    The six biggest electricity suppliers here have been threatened with severe sanctions by OFGEN (the government office controlling electricity prices) if they do not simplify their tariffs and reduce the cost of electricity to customers.

    Professor
    Professor
    13 years ago

    Ever tried to ask a con ed rep to explain a bill? They can’t. I received a bill for 1200.00 in jan. I have been chasing them since. They have no clue. I had to go to the public service commission.