Governor Andrew Cuomo is arguing against Con Edison's proposal to raise rates in 2014.
The utility wants to increase electric rates by 8 percent, gas rates by 2.5 percent and steam rates by 2.3 percent.
Cuomo says that Hurricane Sandy and the recent disruption of service to the Metro-North line prove that the system is not reliable.
He says that the company should pay, not the customers.
In a statement issued by Con Edison, the company says it needs investments to maintain the "high level of reliability New Yorkers expect and deserve".
The New York State Department of Public Service is holding public hearings this week on proposed rate hikes.
The first is Wednesday night at 5:30 p.m. at the DPS headquarters on Church Street.
The meeting is in the fourth floor board room.