NY electric bills surge as fuel prices soar

The high cost of fuel isn’t just hitting people at the pump. Electric bills have also been climbing this summer because of the rising cost of oil and natural gas.

Rates have been going up across the country, but things have been especially harsh in New York, where power stations are more likely to burn gas or oil than cheap coal.

Those extra costs are getting passed to customers.

Consolidated Edison said its typical residential customer in New York City will get a bill of around $93 this July, compared to $80 in May. That’s an increase of around 16 percent.

CNN