O&R Seeks Rate Increase; Tax Plan Allows Company to ask for Less

O&R is seeking an increase in revenues for its electricity and gas delivery of about $25 million. The utility filed its request with the New York State Public Service Commission Friday. Under the proposed rates, the bill for typical residential electric and gas customers would go up about $10 a month, $6 for electric users and $4 for gas users. O&R spokesman Mike Donovan says Friday’s rate filing helps the company meet increased customer demands…

Audio: Mike Donovan

If approved by the NYSPSC, the new rates would become effective next year. Donovan says the company would have asked for a greater increase, but the recent tax rate changes allowed the company to lower the request. He says customers will also see savings this year, but the PSC has yet to decide how and when that will happen.

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