Con Edison: Not seeking rate hike for now
Photo credit: Samantha Finch | Con Ed trucks line the road in New Rochelle a day after superstorm Sandy roared through Westchester County. (Nov. 1, 2012)
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Consolidated Edison, facing intense political flak after superstorm Sandy, has no plans to apply for a rate increase despite the company's projected $350 million-$450 million tab from the tempest.
"At this time, we have no plans to file a rate case," the utility said Thursday in an emailed response to questions. Con Edison, which serves Westchester County and New York City, had been expected...
