Con Ed New York Raises Utility Rates as Trump Takes Energy Options Off the Grid
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According to the Energy Information Administration, household electricity costs have increased 13% under Trump
Washington, DC – The New York State Public Service Commission (PSC) approved a rate hike request from Con Ed that will raise electricity prices by 9% and gas prices by 6% over the next three years. The announcement comes as millions of Americans, including New Yorkers, face record cold temperatures and a major winter storm threat this weekend. Thanks to Trump and Republicans, it will already be more expensive for American families to heat their homes. Donald Trump and Republicans have threatened or canceled 324 clean energy projects or companies, reducing energy supply as demand continues to skyrocket. 49 states and the District of Columbia saw rate hikes announced in 2025.
With the midterms just around the corner, voters are consistently citing rising electricity costs as a major strain on their pocketbooks. According to the most recent inflation numbers, rising utility costs are one of the two main drivers of inflation. Meanwhile, Trump has called the affordability crisis a “hoax” and a “con job”, choosing to focus on expensive foreign conflicts that won’t do anything to bring down costs here at home.
Climate Power Senior Advisor Jesse Lee issued the following statement: “Americans across the country are opening higher utility bills every month, and Trump is continuing to take energy projects offline that would have lowered costs. It’s supply and demand 101 – Trump and and New York’s House Republicans’ extreme agenda is taking cheap, reliable energy off the grid at the same time that demand is skyrocketing. Instead of investing in homegrown clean energy, Trump is spending taxpayer dollars on foreign conflicts that will not bring down costs for American families. This November, we’re going to make sure every Republican who has cosigned Trump’s disastrous economic agenda is held accountable at the ballot box.”
Donald Trump’s reckless energy policies are causing utility rates to skyrocket across the country:
- San Diegans saw a 7.4% rate hike on average on January 1, and bills are projected to increase by $5 starting in April after the California Public Service Commission approved a rate hike request from San Diego Gas & Electric.
- Peoples Gas, which supplies natural gas to nearly 900,000 Chicagoans, is seeking a rate hike that would raise the average monthly bill by $10 to $11.
- Nicor Gas, which has 2.3 million customers in northern Illinois, is seeking a rate hike that would raise the average monthly bill by around $6.
- In North Carolina, Piedmont Natural Gas customers were upset about sudden increases in their monthly bill, with some ratepayers complaining that their bills had doubled.
- Atmos Energy is asking the City of Dallas to approve a 10% rate hike for gas customers that would raise the average monthly bill by $11.25.