Rochester, N.Y. — The New York State Public Service Commission voted Thursday to approve a rate hike for RG&E and NYSEG customers, though it cut the proposed hike nearly in half.
The Commission approved a levelized electric rate increase for RG&E of $50.9 million in the first year, $56.6 million in the second year, and $65.3 million in the third year. On a total electric bill basis, the results yield 5 percent, 5.3 percent, and 5.7 percent increases in each of the rate years, respectively. In addition, the Commission approved a levelized RG&E gas rate increase of $18.2 million in the first year, $20.1 million in the second year, and $22.
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