Governor Hochul Takes Action Against Con Edison Rate Hikes Amid Rising Utility Costs
New York Governor Kathy Hochul is taking a strong stand against proposed double-digit rate increases by Con Edison for electricity and gas, which aim to address rising energy demands and support clean energy initiatives. Hochul has directed state regulators to reject these rate hikes, arguing that they make living in New York less affordable for residents, particularly in NYC and Westchester County. Lawmakers and constituents have voiced their outrage, with calls for a statewide audit of utility companies and appeals to have Con Edison’s proposals dismissed. Critics are highlighting the financial burden these hikes would impose on average New Yorkers, as some even resort to using dirtier heating oil due to soaring gas bills. As the debate continues, Hochul emphasizes the need for accountability and seeks to ensure that utility costs do not further strain the budgets of New Yorkers.
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