Staff from the state Public Service Commission will be filing a motion today to dismiss a request for rate hikes by New York State Electric & Gas, officials said.

NYSEG, an Energy East Corp. subsidiary, filed a request on Jan. 27 that would call for an increase in electricity bills of about $8.80 per month, a 9.9 percent increase. It also seeks an increase in residential natural-gas bills of $12.20 per month or 8.8 percent, according to a company media release. A related company, Rochester Electric & Gas, is also seeking a hike.

The requests come about four months after Energy East was acquired by Spanish energy company Iberdrola, which agreed to delay any rate increases during a 13-month period unless safety and reliability were at risk without one.

Company spokesman Matt Maguire said that due to the global recession and credit crisis, the utilities are in a financial crisis.

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2 comments:

  1. Cecile Lawrence said...

    Enough already. These are global millennial desperate times. Let's seem some reduction in salaries at the top first, regardless of whether the company owners are from Spain, the UK, whatever. I have been freezing all winter and cutting back severely in all energy use- electricity, gas, petrol, water, how much and what kind of food I eat (vegan). I cannot cut back anymore without becoming ill or dying.

  2. Anonymous said...

    Enough already. Let's seem some cut back in salaries and perks at the top, regardless of whether the owners of the company are in Spain, the UK, whatever. I've cut back on use of electricity, natural gas, gasoline, water, and food (I'm vegan). I cannot cut back anymore without becoming ill or dying, which I refuse.
    C.A. Lawrence


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