Recent soaring electric rate hikes by Con Edison have customers seething and legislators demanding answers. The controversy over Con Ed’s electric rates erupted earlier this month when many residents received monthly electric bills in which the charges for the supply of electricity in some cases tripled. Those who depend on Con Edison for their energy supply saw their charges rise from 6 cents per kilowatt/hour to 17 cents. The cause for the rate hike was blamed on cold December and January weather which increased demand for power as well as a reliance on electricity powered by generation in plants that […]