PSC votes to audit Iberdrola state companies

The state Public Service Commission on Thursday voted to start a management audit of Iberdrola USA's New York operating companies.

Iberdrola, a Spanish utility company, owns New York State Electric & Gas Corp. as well as Rochester Gas and Electric Corp. NYSEG serves a portion of the Capital Region.

The PSC has been undergoing management audits of utilities across the state to ensure that ratepayers are being served in a cost-efficient manner.

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