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Con Ed wants $3 rate hike because of Sandy

Posted at 7:01 PM, Jan 25, 2013
and last updated 2013-01-25 19:01:22-05

Get set for another rate hike. Con Ed wants you to pay three more dollars a month.

The reason? To help upgrade equipment damaged by Superstorm Sandy.

The power company plans to spend $1 billion on the upgrade.

If approved, the rate hike would start January of next year.