Consolidated Edison rate freeze announced in NY - FOX 35 News Orlando

Consolidated Edison rate freeze announced in NY

Posted: Updated:
Con Edison(File) Con Edison(File)

ALBANY, N.Y. (AP) - New York officials say Consolidated Edison Co. has agreed to a two-year freeze in electric delivery rates and a three-year freeze in gas and steam distribution rates starting in 2014.

The settlement proposal, pending approval by the state Public Service Commission, could result in rate decreases for some commercial and industrial customers.

The joint proposal recommends spending $1 billion to make more resilient the company's electric, gas and steam systems.

Con Edison said lower financing costs and other savings will help offset rates, with most customers seeing little change, and will also fund its program to harden equipment against storms.

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

  • New York State NewsNew York State NewsMore>>

  • Zoo feeds roadkill to animals

    Zoo feeds roadkill to animals

    Thursday, August 21 2014 9:07 AM EDT2014-08-21 13:07:23 GMT
    Roadkill is part of the menu when it's feeding time at a zoo in western New York. The Seneca Park Zoo has been feeding deer carcasses to its carnivores for years. The practice began after a zoo employee hit a deer on the way to work. The zoo gets the deer after they've been hit by vehicles on Rochester-area roadways. But it won't accept deer that have been dead for more than 10 hours. The zoo also accepts deer killed by bow hunters.
    Roadkill is part of the menu when it's feeding time at a zoo in western New York. The Seneca Park Zoo has been feeding deer carcasses to its carnivores for years. The practice began after a zoo employee hit a deer on the way to work. The zoo gets the deer after they've been hit by vehicles on Rochester-area roadways. But it won't accept deer that have been dead for more than 10 hours. The zoo also accepts deer killed by bow hunters.

  • Marijuana supplier named Pot Playboy gets 27 years

    Marijuana supplier named Pot Playboy gets 27 years

    Thursday, August 21 2014 6:27 AM EDT2014-08-21 10:27:58 GMT
    Prosecutors in New York say a Canadian drug kingpin who was one of New York's biggest marijuana suppliers has been sentenced to 27 years in prison for leading a $1 billion international drug trafficking...
    Prosecutors say a Canadian drug kingpin who was one of New York's biggest marijuana suppliers and was dubbed the Pot Playboy has been sentenced to 27 years in prison for leading a $1 billion international drug trafficking enterprise. Jimmy Cournoyer had ties to organized crime and drug cartels. Authorities say proceeds financed a lifestyle that included a supermodel girlfriend and a super-expensive car, the Bugatti Veyron.
  • Five Guys offers bacon milkshakes

    Five Guys offers bacon milkshakes

    Wednesday, August 20 2014 6:47 PM EDT2014-08-20 22:47:08 GMT
    Burger chain Five Guys is testing the adage that everything tastes better with bacon. It is rolling out a customizable milkshake program and along with bananas, peanut butter, Oreo cookies, salted caramel, you can chose bacon.  Yes that's right: a bacon milkshake.
    Burger chain Five Guys is testing the adage that everything tastes better with bacon. It is rolling out a customizable milkshake program and along with bananas, peanut butter, Oreo cookies, salted caramel, you can chose bacon.  Yes that's right: a bacon milkshake.
Powered by WorldNow

35 Skyline Drive
Lake Mary, FL 32746

Phone: (407) 644-3535
News Tips: (866) 55-FOX35

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | New Terms of Service What's new | Ad Choices