The change in the calendar from February to March means that New Yorkers will soon receive their next energy bills — and likely dreading what the due amount will be.
Con Edison customers, in particular, experienced sticker shock last month with higher-than-anticipated heating and electricity charges. The increase caught the attention of Governor Kathy Hochul and the Public Service Commission, which contacted the electric and natural gas giant demanding not just an explanation, but also a review of their own billing practices.
So why did so many New Yorkers see a giant jump in their electric and/or natural gas bills last month? Con Edison Chair and CEO Tim Cawley explained to the PSC in a Feb. 24 letter that volatility in the natural gas market had led to higher supply costs.