
Con Edison’s residential prices are the highest charged by any major US utility — and that’s OK with the state of New York. Con Ed charged its electrical customers an average 26.99 cents for a kilowatt hour of electricity in 2013 — more than double the national average of 12.12 cents, new federal data show. Con Ed’s rates have been frozen since 2013, and state regulators are negotiating to keep them frozen through the end of 2016. But when the state Public Service Commission last week suspended talks about Con Ed’s request for a rate increase next January, it spared …Read more »