http://www.theyeshivaworld.com/news/headlines-breaking-stories/128769/rates-may-go-down-for-con-edison-customers.html Fri, 24 Jul 2015 20:05:09 +0000 hourly 1 http://wordpress.org/?v=3.7.9 http://www.theyeshivaworld.com/news/headlines-breaking-stories/128769/rates-may-go-down-for-con-edison-customers.html#comment-259503 Tue, 29 May 2012 14:16:11 +0000 http://www.theyeshivaworld.com/?p=128769#comment-259503 While the crash in natural gas prices has lowered the cost of electricity that ConEd must purchase for its customers (these prices are a flow through item on which it doesn’t make a profit), the costs of maintaining and upgrading the power lines and distribution system is rising and those costs are what are driving rate increases.

]]> http://www.theyeshivaworld.com/news/headlines-breaking-stories/128769/rates-may-go-down-for-con-edison-customers.html#comment-259495 Tue, 29 May 2012 12:42:42 +0000 http://www.theyeshivaworld.com/?p=128769#comment-259495 This is happening nationally and is related to Natural Gas from Shale formations entering the market. “Fortunately” the leading Democrats (Obama, Cuomo, etc.) are hard at work trying to block development of shale formations, so “hopefully” energy costs will rise. “Heaven” (as if the Democrats believe in such) forbid that the US should have lower energy prices and be an exporter of energy to other countries!

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