New York News

Electricity rates expected to drop this summer

Tuesday, May 29, 2012
Consolidated Edison Company of New York

Consolidated Edison Company of New York

Electricity rates for many New York city residents will be dropping, beginning June 1.

Con Edison says bills this summer will be, on average, 1.5 percent lower than last year.

In New Jersey, customers will see rates fall anywhere from 3 to 6 percent, depending on the utility.

Related Content

A drop in the price of natural gas, used in power generation, is the reason.

---
Get Eyewitness News Delivered

Facebook | Twitter | Newsletters | Text Alerts

(Copyright ©2014 WABC-TV/DT. All Rights Reserved.)

Get more New York News »


Tags:
new york city, con ed, new york news
blog comments powered by Disqus
Advertisement