Con Edison, the privately owned utility company that theoretically powers our city, has reportedly resolved to raise rates
beginning January 1: Under the proposal, electric would go up 13
percent over the next three years, while gas would jump an astounding 25
percent. Hm well, at least you know you're getting solid and uniformly reliable service
for all those extra dollars you're paying out; at least you know that
this added, unavoidable expenditure will be Worth It in the long run!
is a breakdown of the average rate hikes, which would vary somewhat
depending on customers' electricity and gas consumption. Most of you
would be looking at a roughly 4.2% rise in 2020, followed by a 4.7%
increase in 2021, and a 4% bump in your electric bills for 2022. As for
gas, the average bill would jump 7.5% in 2020, 8.8% in 2021, and 7.2% in
Many people are displeased with this scheme, which stands
to make already burdensome monthly payments significantly more
expensive. AARP has already filed its grievances
with the state Public Service Commission, pointing out that, as it
stands, "tens of thousands" of customers find themselves unable to pay
their utility bills and see their services cut every year.
"We think it’s an unfair rate hike,” AARP lobbyist Bill Ferris told the NY Daily News: “We have a problem in New York State with energy affordability.” With everything affordability, some would say!