A press conference was held Thursday at the NYSEG facility in Vestal by Senator Lea Webb and other officials as well as NYSEG customers.
The reason for the gathering was to oppose NYSEG’s proposed double-digit rate increases. The company has announced the proposed plan to help cover its delivery costs. If the decision were to go through, customers would see a jump of 17% each year for the next three years, which adds up to a 62% increase in rates by the year 2026. A recommendation to increase gas rates cumulatively by 17.8% over those three years was also included in the proposal.
Webb and others urged NYSEG customers to submit comments to Governor Hochul and the State Public Service Commission on the matter during the 120-day public feedback period.