N.Y. Delays Water, Upstate Power Rate Hikes Due to Coronavirus

March 25, 2020, 7:32 PM

Hikes in New York state water and upstate electricity and gas rates have been suspended amid the new coronavirus outbreak.

The Public Service Commission, which oversees and regulates utilities in the state, on Wednesday announced plans to delay enacting previously approved rate increases for New York American Water and National Grid’s upstate electric and gas delivery.

  • The action came as the number of positive coronavirus cases in the state climbed to over 30,000.
  • Approximately 125,000 New York American Water customers, most of whom are on Long Island, will see higher rates postponed until Sept. 1. The increases of $4.3 million for two service areas had been set for April 1 under an existing four-year rate plan.
  • National Grid’s planned delivery rate increases of $89.6 million for electric and $21.5 million for gas will be delayed until July 1, rather than April 1 as scheduled under a three-year rate plan, according to the release. The change will affect about 1.6 million electric customers and 640,000 gas customers upstate.
  • National Grid’s downstate gas utilities, KEDNY and KEDLI, will waive fees associated with certain collection activities, including customer disconnections and manual meter reads.

To contact the reporter on this story: Keshia Clukey in Albany, N.Y. at kclukey@bloomberglaw.com

To contact the editors responsible for this story: Gregory Henderson at ghenderson@bloombergenvironment.com; Chuck McCutcheon at cmccutcheon@bloombergenvironment.com

To read more articles log in. To learn more about a subscription click here.