You know what's fun? Pretending your outer-borough apartment is actually a tiny cabin in colonial times, illuminated by flickering candlelight and kept warm by failsafe sweater technology. When you think about it, it's a wonderful thing that New Yorkers are so enamored with the atavistic styles of yesteryear, because electricity is so brutally expensive here most of us can barely afford it.
Con Ed's prices are the highest of any major utility in America. The company's 2.1 million residential customers in NYC and Westchester County paid an average of 25.65 cents per kilowatt hour in 2012, which is more than twice the national average price of 11.88 cents per kilowatt-hour, according to data from the U.S. Energy Information Administration.
Of course, Con Ed wants to raise rates a lot more. The utility is asking the state Public Service Commission to approve $450.9 million in increases next year. Governor Cuomo is urging the Commission to refuse the increase, issuing a statement saying "New Yorkers need to get more value for the price they pay for utility service."
In its defense, Con Ed argues that up to 25% of customer bills are taxes and fees paid to the government. And it's a hard job! "We run one of the most complex and reliable electrical delivery systems in the world," a spokesperson for the utility said in a statement. "We invest in that system on a continuing basis to maintain the reliable service our customers need. At the same time, we aggressively manage our costs to protect our customers—a challenge, since New York is an expensive place to do business." YEAH NO SHIT!