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NYSEG Customers Can Expect Rate Increase Soon NYSEG Customers Can Expect Rate Increase Soon
Nyseg Customers Can Expect Rate Increase Soon Utility bills may become a bit more of a burden as NYSEG prepares for rate hikes. The New York State Electric & Gas Corp. and Rochester Gas & Electric Corp. reached a tentative settlement with New York regulators on a rate increase that will begin as soon as the spring, though few details were released. The deal came after nearly a year of negotiations. It will reportedly take effect in May. Under the proposed rate increase, NYESG customers would see a rate increase of 23.7 percent, more than $10 a month for the average customer. The average bit would then be no less than $50 for c…

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by Zak Failla