Con Edison proposes double-digit rate hikes to fund clean energy and infrastructure upgrades
If approved by the New York State Public Service Commission, the average electric bill will go up 11.4%, and an average gas bill up 13.3%.
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New Yorkers could have to pay more for their electricity and natural gas after Con Edison proposed double-digit increases to fund upgrades to infrastructure and clean energy.
If approved by the New York State Public Service Commission, the average electric bill will go up 11.4%, and an average gas bill up 13.3%. Con Ed says these increases will be used to fund projects, like MTA bus depots, as well as ensure that the company adheres to state climate laws, including New York State's Climate Leadership and Community Protection Act (CLCPA). The CLCPA is a law that requires New York to reduce greenhouse gas emissions and transition to a zero-emission electric grid. Con Edison's Clean Energy Commitment outlines how they plan to help achieve these goals.
Con Edison officials said that residents can lower their bills through lowering their usage. However, amid freezing temperatures this winter, residents say this strategy has not lowered their bills. Multiple Bronx residents emailed their bills to News 12, showing charges as high as $600. There are financial assistance programs available if you qualify such as the Energy Affordability Program. However, many of the programs require a customer to be receiving other federal assistance.
Rep. Ritchie Torres has long advocated for lower energy bills from Bronxites. His office has reported that Con Ed charges some residents of The Bronx double for gas delivery compared to what National Grid charges in Queens.
Any increases must be approved by the New York State Public Service Commission, and New Yorkers will be able to give public comment on the proposal.
