New York’s ConEd Faces More Pressure Over Surging Bills
(Bloomberg) -- New York Attorney General Letitia James is calling on Consolidated Edison Inc. to explain why consumer bills have skyrocketed this winter.
Ratepayers in New York City have flooded the Attorney General's office with complaints about their January bills, some of which tripled from the prior month, according to a statement from James's office Monday. James sent the company a letter seeking more information about the “unexpected spike.”
The pressure from James follows Governor Kathy Hochul's call for ConEd to review its billing practices. Surging utility bills are adding to the economic burdens of low-income consumers as inflation rates surge to a 40-year high.
“Hardworking New Yorkers shouldn't have to make sacrifices to keep the lights on or to stay warm during the coldest months of the winter,” James said in the statement.
ConEd is reviewing the letter and looks forward to working with James, a spokesman said.
“While supply costs and weather-related increases in energy use are outside of our control, we do control our billing process and are looking to mitigate future supply cost volatility for our customers,” the company said in a statement.
©2022 Bloomberg L.P.
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