NY electric bills expected to jump 12% this summerBy Carl Campanile
May 12, 2022
New Yorkers preparing to install air conditioners for the hot summer months are going to get burned with higher electricity costs — a projected 12 percent hike over last summer’s monthly bills, utility officials warned Thursday.
The summer sticker shock comes on top of the big hikes in utility bill costs over the winter.
“New York, like every other state, continues to experience higher than normal commodity prices compared to where prices were several years ago, and that is expected to continue throughout the coming summer,” said Public Service Commission Chairman Rory Christian.
A Con Edison representative said the increase for its customers in New York City and Westchester could be “in the range” of 11 to 12 percent.
The average monthly Con Ed bill for a typical residential customer from June through September last summer was $104.05, said Con Ed spokesman Allan Drury.
The energy supply, delivery costs and taxes each account for about one-third of each customer’s electrical bill.
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Source:
https://nypost.com/2022/05/12/ny-electric-bills-expected-to-jump-12-this-summer/