Hochul fights Con Edison rate hikes, urges PSC rejection

Governor Kathy Hochul is actively opposing Con Edison’s proposed significant rate hikes, which would increase electric bills by 11.4% and natural gas bills by 13.3%. She argues that these increases are 'intolerable' and would place an additional burden on New Yorkers, particularly vulnerable populations such as seniors living in poverty. Hochul has called on the New York State Public Service Commission to reject the proposal and is initiating an audit of utility company salaries to ensure responsible use of ratepayer dollars. Critics have pointed out that utility costs have risen under her administration, with some attributing the increases to her green-energy policies. Con Edison defends its request, stating it needs the funds to maintain infrastructure and meet growing energy demands. The decision on the rate hikes will undergo a year-long review process involving public hearings.