Why Staten Islanders should expect ‘sharp rise’ in energy bills this winter – SILive.com

by | Sep 13, 2022 | Energy

STATEN ISLAND, N.Y. — New Yorkers should expect to see higher energy prices this winter, multiple agencies have said in recent weeks.National Grid, Staten Island’s natural gas provider, announced Wednesday that residential customers in the New York City metro area should expect to see a total increase of about $306 in their bills over the 5-month period from Nov. 1 to March 30.Those higher natural gas prices will also affect electricity prices in New York City, Con Edison announced Friday. Residential customers in the five boroughs should expect to pay an average of $116 a month compared to last year’s $95 a month, according to the utility.Both companies blamed the bulk of the hikes on a spike in the energy prices available on the wholesale market from which they purchase the energy they sell to their customers. National Grid attributed about 28% of its price increase on the wholesale market.The New York Independent System Operator (NYISO), a not-for-profit corporation that oversees the state’s wholesale market, issued a warning Tuesday about a “sharp rise” in wholesale energy costs this winter.NYISO released an updated report pointing to a trio of geopolitical factors — the COVID-19 recovery, global inflation, and the Ukraine conflict — as cause for the price hike.To counter the expected costs increase, Con Edison and National Grid both offer payment plans, and the state offers a one-time New York State Electric and Gas Bill Relief Program.Under that program, residential customers who receive qualifying government assistance will receive a bill credit on their past-due balance for service through May 1.Additionally, the federal Home Energy Assistance Program (HEAP) provides eligible customers with financial grants that assist in paying home heating bills. New York City residents can call 212-331-3126 or the HEAP Infoline at 800-692-0557 for help with the program.National Grid also published a variety of tips for how customers can reduce their costs:For every 1 degree a thermostat is set back, customers can save 1% to 3% on their annual heating costs.Turn down the thermostat every time you leave the house for two hours or more, and each night before you g …

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