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In Rochester, Long Island and the Hudson Valley, lawmakers and grassroots groups want to replace investor-owned utilities with public operations. Anger over rates, overcharges fuel push for public ...
On July 18, the PSC reduced Central Hudson’s double-digit rate hike request for the one-year period that ends in June 2025. The company initially sought hikes of 16% for electric and 19% for gas ...
NYSEG and RG&E are installing the latest in energy use technology − smart meters − across their wide customer base that includes more than 1 million electric hook-ups and 500,000 natural gas ...
Although some got power back within hours of Isaias, some had to wait days for power to be restored. As of August 10, 2020, around 42,000 Long Island customers were still without power, [14] while around 20,000 New Jersey customers were without power. [15] State and local officials have called for more accountability from PSEG after the storm ...
The commission's regulatory oversight extends to the approval of retail consumer rate increase (or decrease) requests from the electric, water, steam, and local natural gas distribution utilities it regulates. The commission approves (or denies) these rate requests because each utility operates as a monopoly service provider in its retail ...
Throughout the end of the 19th century and the early part of the 20th century, the corporation went through mergers and acquisitions that combined about 200 utility companies under the name NYSEG. In 1975 the corporation became an 18% partner in the Niagara Mohawk Power Corporation ’s Nine Mile Point nuclear plant, and in the 1980s NYSEG ...
A Tax Watch analysis found that Sustainable Westchester customers in 23 Westchester municipalities have paid an estimated $48 million more in electric supply charges over the first 16 months of ...
The report from the comptroller's office also noted that the new New York State Public Service Commission's Long Island office is costing Long Island rate payers $8 million a year. [34] A bill was introduced in 2016 that would enhance rate setting abilities by the New York State Public Service Commission.