Utility Rate Hikes Could Be Rejected by State Legislature Under New Bill

Utility rate hikes could be rejected by state Legislature under new bill

“In this case, we still have time to review and potentially reverse this increase before it becomes permanent,” said Assemblyman Angelo Santabarbara.

NYSEG Seeks Approval for Large Utility Rate Hikes in New York

Residents across New York may soon see sharp increases in their monthly utility bills if a proposal from New York State Electric and Gas Company (NYSEG) gains regulatory approval. The company has asked state officials for permission to boost both gas and electric rates to help fund a sweeping upgrade to aging infrastructure. The plan, submitted in late June, would raise costs significantly for the average residential customer. According to NYSEG…