Gothamist
A non-profit newsroom, powered by WNYC.
Gothamist
Listen Live
News
Con Ed's Shocking Price Hike Here in Time for Summer
By
John Del Signore
Published Jul 11, 2008
Modified Jul 11, 2008
Share
FacebookTwitterRedditEmail
Never miss a story
Email address
By submitting your information, you're agreeing to receive communications from New York Public Radio in accordance with our Terms .
By
John Del Signore
Published Jul 11, 2008
Modified Jul 11, 2008
Share
FacebookTwitterRedditEmail
We rely on your support to make local news available to all
Make your contribution now and help Gothamist thrive in 2026. Donate today
Gothamist is funded by sponsors and member donations
Photo courtesy Occipital Lobe.
Those high natural gas and oil prices have raised the prices for wholesale electricity that Con Ed buys from power-generating companies, and naturally the company is passing those expenses along to us. The company says that residential customers will pay 22% more for electricity this year than they did last summer – almost a quarter of that spike is due to a Bloomberg-approved rate hike.
Harlem flea market vendor Cruz Reyes, told the Daily News the prices are forcing her to live without air conditioning this summer. But aside from that brief June heat wave, the temperature’s been mercifully tolerable. Come August Reyes’s cheapest option may be to unfold a chair outside the open doors of H&M and enjoy the frosty blast out on the sidewalk.
Tagged
con ed
con edison
electricity
high
prices
rate hike
John Del Signore
Originally from the Albany area, John Del Signore has called NYC home since 1995. In addition to his thousands of meticulously-crafted bespoke blog posts for Gothamist, his writing has also been published in The Awl, Deadspin, The Nervous Breakdown, and performed at The Brick Theater in Brooklyn.
Read more
Gothamist is funded by sponsors and member donations
Gothamist is funded by sponsors and member donations
MORE news
Plainclothes ICE agent with long gun looked like mass shooter, Mayor Mamdani says
The mayor said his administration would review ICE and NYPD actions surrounding Thursday’s shooting.
By
Michael Sol Warren
Published Oct 11, 2026 at 1:49 p.m. ET
NJ Transit riders face 5 weeks of schedule disruptions starting Sunday
NJ Transit and Amtrak riders should prepare for cancellations, schedule changes and longer commutes as work continues on the new Portal North Bridge.
By
Giulia Heyward
News
NJ Transit riders face 5 weeks of schedule disruptions starting Sunday
NJ Transit and Amtrak riders should prepare for cancellations, schedule changes and longer commutes as work continues on the new Portal North Bridge.
By
Giulia Heyward
For a Democrat in a traditionally red NJ district, how to woo Republican voters
By
Mike Hayes
2 pedestrians killed in Bronx crash after driver ran red light, police say
By
Brittany Kriegstein
and
Ann Givens
Rain could put a damper on NYC’s long weekend. Here’s when it will clear.
By
Brittany Kriegstein
Never miss a story
Catch up on the most important headlines with a roundup of essential NYC stories, delivered to your inbox daily.
Sign upEmail address
By submitting your information, you're agreeing to receive communications from New York Public Radio in accordance with our Terms .