NYC Pays Sky-High Gas & Electric Rates Due to No Marcellus Pipes

March 18, 2022March 18, 2022

Consolidated Edison (Con Ed), the local gas and electric utility serving Manhattan Island and Westchester County in the New York City region, has proposed increasing electricity rates by 17.6% and natural gas rates by a stratospheric 28.1% beginning Jan. 1, 2023. Why so high for both? Lack of natural gas in the region. Why is there a lack of natural gas? Lack of pipelines from the Pennsylvania Marcellus Shale.

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