Never one to let a fiscal year pass without a rate hike, the Public Service Commission has authorized Con Edison to institute a 12% rate hike to be spread out over three years starting next month.
This hike should also not surprise anyone out there as Con Edison customers in New York City and Westchester already pay more for their power than anyone living on the mainland of the United States.
Only people living in Alaska, Hawaii and the islands off New England pay more.
Peter J. Mahon
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