NYSEG Rate Hikes Delayed to October
New York State Electric and gas residential customers will see their bills for electricity going up about $2.49 a month but not until October.
The original rate increases for electricity and gas delivery were supposed to take effect last month but have been delayed until October due to the coronavirus pandemic.
Under the three-year rate agreement, NYSEG is increasing the rate for delivery for electric service by .46% in the first year and 9.1% for years two and three while the gas delivery rate won’t go up until years two and three. The gas business delivery increase will be 0.8% in the second year and 1.6% in the third year. Rate increases and investment plans have also been laid out by Rochester Gas and Electric (RG&E).
The AVANGRID subsidiaries’ rate case settlement proposal filed with the New York Public Service Commission June 22 includes up to $30 million for COVID-19 relief for most vulnerable residential and small commercial business customers, infrastructure investment, increased tree trimming, the hiring of additional line workers, and new metering and billing technology.