Summary
Two utility companies, Rochester Gas & Electric (RG&E) and New York State Electric & Gas (NYSEG), have proposed significant increases in electricity and gas bills for customers in New York. Local residents are concerned, and public hearings are being held to discuss these proposals. State regulators will decide whether to approve the proposed rate hikes.
Key Facts
- Rochester Gas & Electric wants to raise electric bills by 26% and gas bills by 22.2%.
- New York State Electric & Gas aims to increase electric and gas bills by $33 and $33.50 respectively.
- The companies need approval from state regulators before the rate changes can happen.
- The proposed rate increases are meant to support infrastructure updates and create 1,100 jobs.
- Both companies are owned by Avangrid.
- RG&E and NYSEG were fined $20 million for not meeting customer service standards.
- Public hearings are taking place, allowing residents to express their opinions about the rate hikes.
- The final decision on rate changes will be made by the Public Service Commission (PSC).
