Con Edison proposing double-digit rate hikes for electric and gas.
Here's what customers have to say about it.
CBS NEWS: Con Edison proposing double-digit rate hikes for electric and gas. Here’s what customers have to say about it.
More than 3 million homes and businesses in New York City and the suburbs could face a double-digit increase in natural gas and electric bills.
Con Edison says it needs to raise rates to build and maintain the power grid of the future.
Con Ed’s rationale for a big rate hike
The December bill for one New Rochelle apartment is pretty typical. A customer used $199 worth of electricity and Con Ed charged $354 to deliver it, pushing the total bill to $553. Now, the utility is asking for a rate hike that would increase the average electric bill 11.4% and the average natural gas bill 13.3%.