Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

New York

hrmjustin

(71,265 posts) Wed Apr 30, 2014, 01:30 PM Apr 2014

Capacity zone revision could ease electricity rate hikes for Central Hudson customers

William J. Kemble

The New York Independent System Operator is revising its proposal for a Hudson Valley “capacity zone” for utilities’ electricity purchases, U.S. Sen. Charles Schumer said Tuesday.

The revision, if approved by the Federal Energy Regulatory Commission, would result in rates hikes associated with new zone being phased in over three years, rather than taking effect all at once, Schumer said. The zone is to take effect May 1.

http://www.dailyfreeman.com/general-news/20140429/capacity-zone-revision-could-ease-electricity-rate-hikes-for-central-hudson-customers

Reply to this discussion

Latest Discussions»Region Forums»New York»Capacity zone revision co...