Con Edison customers, your bill might go up again soon.
Con Ed workers maintained the power grid in Fort Greene, Brooklyn during a heatwave, July 20, 2022. | Ben Fractenberg/THE CITYstruck last week between the state Department of Public Service, Con Ed and other stakeholders, the utility company would be able to increase its prices to pay for programs and infrastructure needed to deliver electricity and gas.
While some of the investments Con Ed envisions may help advance the city’s transition to a greener future, environmental advocates contend that other proposals may further entrench fossil fuel dependency.“The projected rate increase will be far too high for New Yorkers,” said Laurie Wheelock, executive director of the Public Utility Law Project of New York .
Con Ed, which has 8,000 miles of gas pipes, committed to removing 240 miles of leak-prone gas pipes and 12 miles of flood-prone pipes. In some instances, the utility would figure out whether a gas main could be eliminated instead of replaced if it serves a “small number” of customers that “are easy to electrify,” according to the proposal.
“There’s a really good chance Con Ed is going to go ahead and replace pipe with brand new pipe that’s supposed to last 100 years or so, and in doing so, could squander some of the best opportunities to kind of strategically downsize the system,” Casey added. On the electric side, Con Ed wants to use the revenue from the rate hikes to pay for a slew of projects. Some would help make the energy grid more reliable — including developing energy storage projects in Staten Island and Queens, and burying power lines underground to minimize outages, especially in eastern Queens.
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