Schumer: New Federal Energy Decision Could Cost New Yorkers $500 MillionSen. Schumer said the decision was reached by the FERC commissioner at the urging of the out-of-date plant operators in an effort to protect their bottom lines.
Connecticut Residents Brace For Higher Electric RatesJust as everyone is turning on their air conditioners comes word that natural gas prices may push up the wholesale cost of electricity by 22 percent.
Schumer Pledges To Fight NYC Electric Rate HikeSen. Charles Schumer promised to fight tooth and nail a potential 12 percent New York electric bill rate hike authorized by the Federal Energy Regulatory Commission.