New Yorkers Get Zapped with 10.4% Con Edison Rate Hike Over Three Years

New York Post

New Yorkers are getting zapped, again.

Con Ed will hike electric bills by 10.4% and inflate gas bill 15.8% – costing the average Big Apple resident an eye-watering $600 more per year by 2028.

The latest squeeze on New Yorkers’ wallets begins immediately – backdated to Jan. 1 – after the state’s utility regulator, the Public Service Commission, approved the measure Thursday.

The hikes mean a gas bill increase of 2.4% per year in 2026, 7.8% in 2027 and 5.6% in 2028.

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