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Friday, February 28, 2020
NYSEG and RG&E plan rate increase
NYSEG and RG&E customers can expect a rate increase in
May. The Public Service Commission had scheduled an evidentiary hearing regarding the rate proposal for
Monday. Earlier this week, the utilities providing notice that an agreement in principle
has been reached among the Companies, the Department of Public Service Staff
and other parties. The agreement, according to News 10, shows the price NYSEG
customers pay for electric delivery would rise by 23.7%. That's an average bill
increase of about $10 per month. For RG&E customers, electric delivery
would increase by about 5% or about $3 more per month.