New York Residents Brace for Power Price Hikes Amid Tariff Concerns

In a significant development affecting countless residents in New York, Consolidated Edison (Con Ed) is advocating for an increase in electricity prices. This proposal, coupled with rising tariffs, poses a considerable financial strain on households already grappling with the nation’s persistent inflation and elevated living costs. The utility company is seeking regulatory approval to raise its rates, which they argue is essential to maintain reliable service and infrastructure improvement.

Continue reading