“The proposal, submitted to the New York State Public Service Commission on Friday, calls for an average 11.4% increase in electric bills and a 13.3% increase in gas bills starting Jan. 1, 2026. The utility giant says it is raising rates to generate an additional $1.6 billion to enhance its electric delivery system and $400 million to upgrade its gas infrastructure.”
Learn More at AM NY: https://www.msn.com/en-us/money/personalfinance/con-edison-proposes-double-digit-rate-hikes-to-fund-clean-energy-and-infrastructure-upgrades/ar-AA1ycxSC?ocid=BingNewsSerp
