ROCHESTER, N.Y. — RG&E and NYSEG have both requested to charge more for their delivery of natural gas and electricity.
The utility companies have submitted their requests to the New York State Department of Public Service, the agency that regulates them. Here’s what RG&E is requesting:
Natural gas: $18.87 per month (22.2% increase) Electric: $33.01 per month (26% increase)Here’s what NYSEG is requesting:
Natural Gas: $33.57 per month (33.5% increase) Electric: $33.12 per month (23.7%)The companies say they have thousands of miles of wire, aging substations, and utility poles over 40 years old that need to be modernized. They also say they need to increase capacity to serve new business and support state electric mandates.
The rate increase proposal reflects a one-year rate case. Both companies have also provided five years of data that can be used to determine revenue requirements to support a settlement of up to five years.
RG&E and NYSEG seek permission to charge more for gas and electricity delivery WHEC.com.
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