PSEG Prices on the Rise

Posted On 01 Mar 2014

PSEG LONG ISLAND CUSTOMERS CAN EXPECT AN INCREASE IN THEIR BILLS THIS MONTH. IT WILL BE THE 6TH STRAIGHT MONTH THE POWER SUPPLY CHARGE WILL RISE. OFFICIALS SAID THAT CHARGE WILL INCREASE A LITTLE OVER 6 PERCENT, MAKING IT THE HIGHEST LEVEL YET, AND EQUATES TO AN EXTRA $5.50 TO THE BILL. OFFICIALS BLAME THE COLD WEATHER, RISING NATURAL GAS PRICES FOR THE INCREASE.