Schumer: New fed energy decision could hike electric rates - Boston News, Weather, Sports | FOX 25 | MyFoxBoston

Schumer: New fed energy decision could hike electric rates

Posted: Updated:
MYFOXNY.COM -

A new federal energy decision could cost New Yorkers almost $500 million a year in electricity rate hikes. 

Senator Chuck Schumer (D-NY) spoke to community leaders outside a Con Edison power plant on Avenue C & 14th Street in the East Village Sunday. 

The senator wants the Federal Energy Regulatory Commission (FERC) to re-evaluate excluding lower cost power plants from selling in New York in favor of companies with older, less efficient power plants. 

Schumer says the current decision would result in significantly increased electric rates for homeowners and businesses.

"In these tough economic times, the last thing hard working New York homeowners and small businesses need is another unnecessary increase in their electricity bills. We should be unfurling the welcome mat if a new power producer wants to provide affordable electricity to New York residents, not throwing up obstacles in their way as FERC has done with its unsound decision," said Schumer. "Preventing more efficient plants from selling electricity is not only costly for New Yorkers; it violates the fundamental principles of the free market. FERC needs to go back to the drawing board here, and come up with a new decision, with an eye towards giving rate payers some relief." 

The NY Power Authority along with the MTA and other state city agencies is filing a request for a re-hearing.

  • New York State NewsNew York State NewsMore>>

  • Dead cats found hanging from trees in Yonkers

    Dead cats found hanging from trees in Yonkers

    Thursday, April 24 2014 11:03 PM EDT2014-04-25 03:03:00 GMT
    SPCA of Westchester photoSPCA of Westchester photo
    Police are investigating the discovery of at least two dozen dead cats found inside plastic bags hanging from trees in Yonkers Thursday, according to the SPCA of Westchester. Some of the cats were badly decomposed but others appeared more recently killed.
    Police are investigating the discovery of at least two dozen dead cats found inside plastic bags hanging from trees in Yonkers Thursday, according to the SPCA of Westchester. Some of the cats were badly decomposed but others appeared more recently killed.
  • Caesars enters New York casino competition

    Caesars enters New York casino competition

    Tuesday, April 22 2014 10:52 PM EDT2014-04-23 02:52:22 GMT
    Caesars Entertainment entered the competition to open a casino in upstate New York on Tuesday with a proposal to build a $750 million complex 50 miles north of New York City. The complex would include a casino, a hotel and a meeting space and would be located in Woodbury, in Orange County. The Las Vegas-based Caesars, which operates 52 casinos around the world, has submitted a $1 million casino license application fee to state gambling regulators.
    Caesars Entertainment entered the competition to open a casino in upstate New York on Tuesday with a proposal to build a $750 million complex 50 miles north of New York City. The complex would include a casino, a hotel and a meeting space and would be located in Woodbury, in Orange County. The Las Vegas-based Caesars, which operates 52 casinos around the world, has submitted a $1 million casino license application fee to state gambling regulators.
  • Lawsuit: ex-Buffalo Bills cheerleaders were exploited, groped

    Lawsuit: ex-Buffalo Bills cheerleaders were exploited, groped

    Tuesday, April 22 2014 8:08 PM EDT2014-04-23 00:08:06 GMT
    Buffalo Bills / NFLBuffalo Bills / NFL
    Five former Buffalo Bills cheerleaders on Tuesday sued the team over a pay system they say had them working hundreds of hours for free at games and at mandatory public appearances at which they were subjected to groping and sexual comments, and one said they had to take a jiggle test so their boss could see how firm their bodies were. The state Supreme Court lawsuit is the third filed this year against a National Football League team by cheerleader...
    Five former Buffalo Bills cheerleaders on Tuesday sued the team over a pay system they say had them working hundreds of hours for free at games and at mandatory public appearances at which they were subjected to groping and sexual comments, and one said they had to take a jiggle test so their boss could see how firm their bodies were. The state Supreme Court lawsuit is the third filed this year against a National Football League team by cheerleader...
Powered by WorldNow

25 FOX Drive
Dedham, MA 02026

Phone (781) 467-2525

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | Terms of Service | Ad Choices