New York officials say Consolidated Edison Co. has agreed to a two-year freeze in electric delivery rates and a three-year freeze in gas and steam distribution rates starting in 2014.
The settlement proposal, pending approval by the state Public Service Commission, could result in rate decreases for some commercial and industrial customers.
The joint proposal recommends spending $1 billion to make more resilient the company’s electric, gas and steam systems.
Con Edison said lower financing costs and other savings will help offset rates, with most customers seeing little change, and will also fund its program to harden equipment against storms.
http://www.crainsnewyork.com/article/20140102/ECONOMY/140109995
Just back out of hospital in early March for home recovery. Therapist coming today.
Sales fell 5.9% from September and 28.4% from one year ago.
Housing starts decreased 4.2% to a seasonally adjusted annual rate of 1.43 million units in…
OneKey MLS reported a regional closed median sale price of $585,000, representing a 2.50% decrease…
The prices of building materials decreased 0.2% in October
Mortgage rates went from 7.37% yesterday to 6.67% as of this writing.
This website uses cookies.