By JASON GREENBERG
The New York State Public Service Commission (Commission) announced it is seeking public comment on a joint proposal filed by New York State Electric & Gas Corporation (NYSEG) and Rochester Gas & Electric Corporation (RG&E) on February 19, 2016. The proposal being considered by the Commission would increase electric and gas delivery rates over a three-year period beginning May 1, 2016 and ending April 20, 2019.
For NYSEG, the proposal would spread out rate increases for both electric and gas delivery service over three years. The proposal would produce annual delivery rate increases of 4.1 percent for electric customers and 7.3 percent for gas customers. These increases would result in average overall (i.e. both commodity and delivery) bill increases for customers of approximately 2.7 percent for electric and 4.1 percent for gas.
For RG&E, the proposal calls for rate increases that vary by rate year for both electric and gas delivery service. The proposal would produce an annual delivery rate increase of 0.7 percent for electric and 5.2 percent for gas in rate year one; 5 percent for electric and 4.4 percent for gas in rate year two; and 5.7 percent for electric and 5.2 percent for gas in rate year three. The increase would result in average bill increases of .05 percent for electric and 2.8 percent for gas in rate year one; 3.4 percent for electric and 2.4 percent for gas in rate year two, and 3.9 percent for electric and 2.9 percent for gas in rate year three.
The actual bill impacts for NYSEG and RG&E customers will vary by customer class based on revenue allocations and rate design. Along with the companies, the proposal was signed by seven parties representing different interests, including staff of the Department of Public Service.
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