Monday, December 29, 2014

Follow us:
Follow @NY1 on Twitter Follow NY1 News on Facebook Follow NY1 News on Google+ Subscribe to this news feed 


Commission Freezes Con Ed Delivery Rate Hikes

  • Text size: + -
TWC News: Commission Freezes Con Ed Delivery Rates for Customers
Play now

Time Warner Cable video customers:
Sign in with your TWC ID to access our video clips.

out of 10

Free Video Views Remaining

To get you to the stories you care about, we are offering everyone 10 video views per month.

Access to our video is always free for Time Warner Cable video customers who login with their TWC ID.

  To view our videos, you need to
enable JavaScript. Learn how.
install Adobe Flash 9 or above. Install now.

Then come back here and refresh the page.

New Yorkers won't see much of a change in their utility bills after Con Edison gets approved for new rates.

The New York State Public Service Commission adopted a plan that essentially freezes delivery rates for customers.

Electricity will be delivered to residents and businesses at virtually the same rate it was in 2013 for the next two years.

Gas and steam delivery charges will stay unchanged for three years.

Con Ed had originally requested an eight percent hike for electric delivery, a 2.5 percent hike on gas, and a 2.3 percent hike for steam.

Con Ed will also invest $1 billion over the next four years to storm proof their energy grid. ClientIP:, UserAgent: CCBot/2.0 ( Profile: TWCSAMLSP