NYSEG Raising Electricity and Natural Gas Rates on Sunday
Days after a power outage affecting more than 100,000 New York customers, NYSEG is preparing to raise its electricity rates again.
The utility says the third annual delivery rate increase under a plan approved by state regulators will take effect on Sunday. The company also will raise its rates for natural gas.
According to a public notice issued by NYSEG, the Public Service Commission authorized the three-year rate hike plan in November 2020.
The price adjustments include a $36 million increase in electricity revenue and a $5.3 million increase in natural gas revenue.
Figures provided in NYSEG's public notice suggest many of the company's customers will pay more than $43 annually in higher bills.
The average bill for a residential electricity customer with an average use of 600 kilowatt-hours per month will increase by $2.42.
The average bill for a residential natural gas heating customer using 80 therms per month will rise by $1.20.
NYSEG is advising customers that they may see some charges prorated on May or June bills to take into account energy delivered before and after the new delivery rates went into effect.
Tens of thousands of NYSEG customers in Broome, Tioga and other nearby counties were without power for days last week after heavy snow downed trees and power lines.
Broome County Executive Jason Garnar said he believed it was the "largest power outage" in county history.
Contact WNBF News reporter Bob Joseph: email@example.com.
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