The MTA for years has let Con Edison “estimate” many of its electric bills, potentially leading to millions of dollars in overcharges for utilities, according to a new report from the MTA Inspector General.
The IG reported that the MTA spent $429 million on nearly 3,300 electric bills in 2021, with most of its power being delivered by Con Ed, one of the nation’s largest utility providers. The company’s electricity powers everything from third rails to operate subway trains, to the signals governing trains’ movement, to simply keeping the lights on.
