Wednesday, May 6, 2026
  • Contact Us
  • Advertise
  • Privacy Policy
  • Terms of Use
  • Members
  • Sign in
  • Login
Westfair Communications
  • HOME
    • WESTCHESTER
    • FAIRFIELD
  • E-EDITIONS
    • Business Journal
    • 250 Years of Business & Commerce in America
    • Podcasts
  • MEMBERS
  • BUSINESS LISTS
  • INDUSTRIES
    • Economic Development
    • Real Estate
    • Hudson Valley
    • Courts
    • Banking & Finance
    • Construction
    • Economy
    • Education
    • Health Care
    • Food & Beverage
    • Government
    • Mergers & Acquisitions
    • Nonprofits
    • Retail
    • Technology
    • Home & Design
    • Health & Fitness
    • Travel
    • Lifestyle
  • SMALL BUSINESS
    • Small Business
    • Food & Restaurants
  • EVENTS
    • 2026 Doctors of Distinction
    • 2026 C-Suite Awards
    • 2026 Women Innovators
    • 2026 Millennial & Gen Z
    • 2026 Hispanic Innovators
    • Events Calendar
    • Past Events
      • 2026
        • 2026 40 Under Forty
        • 2026 Real Estate
        • 2026 Women in Power
      • 2025
        • 2025 Hispanic Innovators
        • 2025 Doctors of Distinction
        • 2025 C-Suite Awards
        • 2025 Women Innovators
        • 2025 40 Under Forty
        • 2025 Millennial & Gen Z
        • 2025 Real Estate
      • 2024
        • 2024 Doctors of Distinction
        • 2024 Women Innovators
        • 2024 40 Under 40
        • 2024 Real Estate
        • 2024 Women In Power
      • 2023
        • 2023 Women In Power
        • Milli + Genz
        • Women Innovators
        • Forty Under 40
        • Doctors of Distinction
        • Real Estate
      • 2022
        • 2022 Millennial + GenZ Awards
        • 2022 C-Suite Awards
        • 2022 Doctors of Distinction
        • 2022 THE FUTURE OF REAL ESTATE
        • 2022 FORTY UNDER 40
      • 2021
        • 2021 FORTY UNDER 40 VIRTUAL EVENT
        • 2021 TOP WEALTH ADVISORS Virtual Event
        • 2021 Milli + GenZ Awards
        • 2021 C-SUITE
        • 2021 DOCTORS OF DISTINCTION
  • GOOD THINGS
  • VIDEOS
    • Our Starting Lineup
    • News Videos
  • PARTNERS
  • ADVERTISE
  • SUBSCRIBEACT NOW
    • NEWSLETTERS
    • DIGITAL ACCESS
No Result
View All Result
  • HOME
    • WESTCHESTER
    • FAIRFIELD
  • E-EDITIONS
    • Business Journal
    • 250 Years of Business & Commerce in America
    • Podcasts
  • MEMBERS
  • BUSINESS LISTS
  • INDUSTRIES
    • Economic Development
    • Real Estate
    • Hudson Valley
    • Courts
    • Banking & Finance
    • Construction
    • Economy
    • Education
    • Health Care
    • Food & Beverage
    • Government
    • Mergers & Acquisitions
    • Nonprofits
    • Retail
    • Technology
    • Home & Design
    • Health & Fitness
    • Travel
    • Lifestyle
  • SMALL BUSINESS
    • Small Business
    • Food & Restaurants
  • EVENTS
    • 2026 Doctors of Distinction
    • 2026 C-Suite Awards
    • 2026 Women Innovators
    • 2026 Millennial & Gen Z
    • 2026 Hispanic Innovators
    • Events Calendar
    • Past Events
      • 2026
        • 2026 40 Under Forty
        • 2026 Real Estate
        • 2026 Women in Power
      • 2025
        • 2025 Hispanic Innovators
        • 2025 Doctors of Distinction
        • 2025 C-Suite Awards
        • 2025 Women Innovators
        • 2025 40 Under Forty
        • 2025 Millennial & Gen Z
        • 2025 Real Estate
      • 2024
        • 2024 Doctors of Distinction
        • 2024 Women Innovators
        • 2024 40 Under 40
        • 2024 Real Estate
        • 2024 Women In Power
      • 2023
        • 2023 Women In Power
        • Milli + Genz
        • Women Innovators
        • Forty Under 40
        • Doctors of Distinction
        • Real Estate
      • 2022
        • 2022 Millennial + GenZ Awards
        • 2022 C-Suite Awards
        • 2022 Doctors of Distinction
        • 2022 THE FUTURE OF REAL ESTATE
        • 2022 FORTY UNDER 40
      • 2021
        • 2021 FORTY UNDER 40 VIRTUAL EVENT
        • 2021 TOP WEALTH ADVISORS Virtual Event
        • 2021 Milli + GenZ Awards
        • 2021 C-SUITE
        • 2021 DOCTORS OF DISTINCTION
  • GOOD THINGS
  • VIDEOS
    • Our Starting Lineup
    • News Videos
  • PARTNERS
  • ADVERTISE
  • SUBSCRIBEACT NOW
    • NEWSLETTERS
    • DIGITAL ACCESS
No Result
View All Result
Westfair Communications
No Result
View All Result
Home Economy

Early reaction to the Con Ed rate hike agreement

Peter Katz by Peter Katz
November 17, 2025
0
Share on LinkedInShare on FacebookShare on Twitter

The first reactions are being heard to the agreement that if approved by New York state’s Public Service Commission would allow Con Edison annual 2.8% hikes in electric rates and 2% hikes in gas rates from Jan. 1, 2026 through the end of 2028.

The Westchester Municipal Consortium (WMC), which consists of 40 local municipalities, was instrumental in helping work out the Joint Proposal agreement between Con Edison, the PSC staff, WMC, and other parties.

The WMC says it will not oppose the Joint Proposal, which requires formal approval by the PSC. The PSC will continue to receive comments on the rate case until Nov. 21.

Con Edison originally asked for an electric rate increase of 13.4% and will be granted 2.8% on the total customer bill under the settlement. On the gas side, the original proposal of a 19% increase has been reduced to 2% on the total customer bill. The agreement spans January 1, 2026, through December 31, 2028. Con Ed will be allowed to raise its rates in each of the second and third years by an additional 2.8% for electric and 2.0% for gas.

Westchester County Executive Ken Jenkins and the County Board of Legislators in a joint statement slammed the agreement.

Electric meter.

 “Westchester County Executive Ken Jenkins and the Westchester County Board of Legislators strongly reject the proposed rate increases recently announced as part of the Joint Proposal between Con Edison, the New York State Public Service Commission (PSC), and other parties,” the statement said. “Families are already being stretched to the breaking point. Utility bills are skyrocketing while wages remain flat. We are hearing from seniors on fixed incomes, families juggling multiple jobs, and business owners barely staying afloat. A rate hike of this magnitude will force too many to choose between paying their utility bills and affording necessities like food, medicine, or childcare.”

Jenkins and the Board said they realize the importance of investing in infrastructure and clean energy is important.

“We support a reliable grid and a sustainable future,” Jenkins and the Board said. “But that future must be affordable. Con Edison cannot be allowed to continue passing their costs on to customers without full transparency, real justification, and measurable accountability. Any plan that asks residents to pay more must come with clear, measurable benefits – not just promises. We urge the PSC to reconsider this proposal, and work with local leaders to find solutions that do not further burden Westchester ratepayers.”

A slightly different take came fin a joint statement from the Village and Town of Ossining signed by Village of Ossining Mayor Rika Levin and Town of Ossining Supervisor Elizabeth Feldman.

“While these reductions do not go as far as we had hoped, they represent a substantial improvement and a meaningful step forward in maintaining affordability for Westchester residents,” Levin and Feldman said. “For many years, New York City has had a seat at the table at these negotiations which gave them an advantage over Westchester. To that end, the united effort of Westchester’s municipalities clearly had a significant impact on achieving better results.”

Levin and Feldman said they would continue to advocate for fair rates and reliable service.

Cortlandt was a member of the Westchester Municipal Consortium and Cortland Town Supervisor Richard Becker in a message said, “The entire Town Board of Cortlandt has worked tirelessly to fight and minimize the proposed Con Edison rate increases. During these challenging economic times, controlling the overhead families must face on a monthly basis is one our top priorities. Joining together with our neighboring communities, we have made significant strides in preventing these exorbitant rate increases. We will continue to work with the Westchester Municipal Consortium on issues that affect all of us.

State Sen. Shelley Mayer said, “While this proposal is an improvement on ConEd’s original filing, given the depth of the crisis, it does not go far enough for members of our community and I strongly urge the commission to reject it. I want to assure Westchester residents that my colleagues and I will continue to pursue legislative changes to the way utility rates are set, but in the interim, the commission must take action to protect ratepayers. Con Ed shareholders will enjoy the profits made from these rate increases while New Yorkers face unaffordable rates, can’t pay their bills, or will be forced to substitute one needed expense simply to keep the lights and heat on. This proposal ignores the real, demonstrated affordability crisis that my constituents continue to experience and minimizes their voices in a way that I cannot accept. Accordingly,  I urge the commission to reject this proposal.”

 

This page is available to subscribers. Click here to sign in or get access.

Previous Post

U.S. and world news for Nov. 13

Next Post

White Plains lawyer seeks Meta human

Related Posts

Flexcar car leasing company opens in Larchmont
automotive

Flexcar car leasing company opens in Larchmont

May 6, 2026
Some NYS lawmakers push for passage of mifepristone bill
Courts

Some NYS lawmakers push for passage of mifepristone bill

May 6, 2026
IDEX Health & Science in Bristol to shut down
Business

IDEX Health & Science in Bristol to shut down

May 6, 2026
Next Post
White Plains lawyer seeks Meta human

White Plains lawyer seeks Meta human

Subscribe to our newsletter

Lifestyle

  • Exclusives
  • Good Things Happening
  • Food & Restaurants
  • Travel
  • Health & Fitness
  • Home & Design

World News

CNN founder Ted Turner, a pioneer of cable TV news, dies at 87: VIDEO
World News

CNN founder Ted Turner, a pioneer of cable TV news, dies at 87: VIDEO

by CNN Wire
May 6, 2026
0

By Brian Stelter and Ann O’Neill (CNN) — Ted Turner, the media maverick and philanthropist who founded CNN, a pioneering...

U.S. and world news for March 4

U.S. and world news for May 6

May 6, 2026
CNN WIRE — Human-to-human transmission of hantavirus suspected on cruise ship: VIDEO

CNN WIRE — Human-to-human transmission of hantavirus suspected on cruise ship: VIDEO

May 5, 2026
U.S. and world news for May 5

U.S. and world news for May 5

May 5, 2026
CNN WIRE – BREAKING NEWS – DeSantis ends presidential campaign and endorses Trump: VIDEO

CNN WIRE — Florida’s new voting district map designed to give Republicans four House seats

May 4, 2026
U.S. and world news for May 30

CNN WIRE — Supreme Court temporarily restores ability to receive abortion drug mifepristone by mail

May 4, 2026
No Result
View All Result

Latest News

Flexcar car leasing company opens in Larchmont
automotive

Flexcar car leasing company opens in Larchmont

by Peter Katz
May 6, 2026
0

Flexcar, a car leasing company that is based in Boston, has opened its first location in New...

Some NYS lawmakers push for passage of mifepristone bill

Some NYS lawmakers push for passage of mifepristone bill

May 6, 2026
IDEX Health & Science in Bristol to shut down

IDEX Health & Science in Bristol to shut down

May 6, 2026
CNN founder Ted Turner, a pioneer of cable TV news, dies at 87: VIDEO

CNN founder Ted Turner, a pioneer of cable TV news, dies at 87: VIDEO

May 6, 2026
Yorktown school for autistic children sues state

Yorktown school for autistic children sues state

May 6, 2026
Logo Westfair Business Journal

Latest News

Flexcar car leasing company opens in Larchmont

Some NYS lawmakers push for passage of mifepristone bill

IDEX Health & Science in Bristol to shut down

  • About Us
  • Contact Us
  • Advertise
  • Privacy Policy
  • Terms of Use
  • Sign in

Trending Westchester

Subscribe to our newsletter

© 2024 Westfair Business Publications. All rights reserved. Westfair Communications (Westfair), a privately held publishing firm based in Mount Kisco, N.Y., publishes the Westchester County Business Journal in New York state and the Fairfield County Business Journal in Connecticut.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • HOME
    • WESTCHESTER
    • FAIRFIELD
  • E-EDITIONS
    • Business Journal
    • 250 Years of Business & Commerce in America
    • Podcasts
  • MEMBERS
  • BUSINESS LISTS
  • INDUSTRIES
    • Economic Development
    • Real Estate
    • Hudson Valley
    • Courts
    • Banking & Finance
    • Construction
    • Economy
    • Education
    • Health Care
    • Food & Beverage
    • Government
    • Mergers & Acquisitions
    • Nonprofits
    • Retail
    • Technology
    • Home & Design
    • Health & Fitness
    • Travel
    • Lifestyle
  • SMALL BUSINESS
    • Small Business
    • Food & Restaurants
  • EVENTS
    • 2026 Doctors of Distinction
    • 2026 C-Suite Awards
    • 2026 Women Innovators
    • 2026 Millennial & Gen Z
    • 2026 Hispanic Innovators
    • Events Calendar
    • Past Events
      • 2026
      • 2025
      • 2024
      • 2023
      • 2022
      • 2021
  • GOOD THINGS
  • VIDEOS
    • Our Starting Lineup
    • News Videos
  • PARTNERS
  • ADVERTISE
  • SUBSCRIBE
    • NEWSLETTERS
    • DIGITAL ACCESS

© 2024 Westfair Business Publications. All rights reserved. Westfair Communications (Westfair), a privately held publishing firm based in Mount Kisco, N.Y., publishes the Westchester County Business Journal in New York state and the Fairfield County Business Journal in Connecticut.