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Reminder: Con Ed Rates Go Up Next Month
By
Garth Johnston
Published Mar 21, 2011
Modified Mar 21, 2011
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By
Garth Johnston
Published Mar 21, 2011
Modified Mar 21, 2011
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Well, we can't say we didn't know it was coming. As planned the cost of power from Con Ed is set to go up 4 percent next month.
Assuming no change in the cost of gas (a big assumption) the cost of 300 kilowatt hours per month is expected to rise a little less than $4 to $91, according to Con Ed's estimates.
Con Ed asked and got permission for three annual rate hikes in 2009 (one in 2010, one in 2011 and another next year) so as to better handle the rising costs of fuel and the expenses incurred in bringing power from generators to homes and businesses. Wouldn't want our occasionally exploding power plants to get any worse, after all.
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con ed
rate hike
utility
Garth Johnston
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