O&R, PSC reach agreement on electric, gas rate increases

PEARL RIVER – If the Public Service Commission approves, Orange and Rockland Utilities’ electric and gas delivery rates will go up this fall.
O&R and the PSC staff, along with other interested parties, have
reached agreement on the rates, which would see an average residential
electric bill go up $1.85 per month, from $135.86 to $137.71, and an average
natural gas bill increase $9.67 per month, going from $132.96 to $142.63.
Public hearings will be held first before the PSC takes action on the proposed hikes.
The utility said the rate plan provides for “significant investment in the communities O&R serves in Rockland, Orange and Sullivan counties in New York for energy efficiency and for building and upgrading infrastructure, including transmission and distribution lines and facilities, to provide reliable service.”