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Comment on Con Ed's Proposed Rate Increase |
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Written by Dan Jacoby
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Thursday, 10 January 2008 |
As you probably know, Con Ed wants to raise your rates. Officially, the rate increase is listed at about 11%, but that's not the whole truth. Residential rates would rise by about 17% under the plan. But the real number is 36% -- that's how much Con Ed wants to raise your monthly charge just for being hooked up. The Public Service Commission (PSC) is the agency charged with regulating Con Ed. They are holding public hearings on the proposed rate increase. For a schedule, go to their website.
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Last Updated ( Tuesday, 01 April 2008 )
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