The New York State Public Service Commission has approved three-year gas rate hikes for KeySpan Gas East Corp. and Brooklyn Union Gas Co., amounting to 19.4%, 5.1%, and 11.1% increases for residential customers. This represents a 37% reduction from what National Grid initially requested, and the agreement incorporates mandates for improved customer service and energy efficiency.
Community organizations, including Sane Energy Project and 350 Brooklyn, rallied against the rate hike, emphasizing its potential harm to environmental sustainability, economic stability, and public health. They urged the Public Service Commission and Governor Kathy Hochul to reconsider their position on the approved increases.
The hikes approved by the Public Service Commission are aimed to lessen the financial burden on consumers while implementing customer service improvements, underlining the balance between necessary infrastructure funding and consumer protection.
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