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May 24, 2007
AY Will Increase Your Electric Bill. Shocking.
Develop Don't Destroy Brooklyn responds to news that large development projects such as Bruce Ratner's controversial Atlantic Yards plan will increase rates, with customers holding the bag for the strain on the power grid:
Hey New York, Atlantic Yards is going to increase your Con Edison bill. NY1 is reporting that at a state assembly hearing on a record Con Ed rate hike, ConEd officials said that big projects such as "Atlantic Yards" are necessitating a rate hike that will be at least 17%.
But that's news to the Empires State Development Corporation. In the state's Enivronmental Impact Study for Atlantic Yards, completed last December and now under litigation, the Infrastructure Chapter (11) stated:
The proposed project would increase demands on electricity and gas. However, relative to the capacity of these systems and the current levels of service within New York City, these increases in demand would be insignificant.
Posted by lumi at May 24, 2007 9:46 AM