State reports that supply of electricity remains stable but price is not
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ROCHESTER, N.Y. — There should be a sufficient supply of electricity to keep you warm this winter.
The New York Independent System Operator reported on Monday that while the electricity supply seems stable, the price of electricity is not. That means customers can expect to pay more.
We’ve been warning you about that for weeks now. A sharp rise in wholesale electricity prices is expected this winter due to several economic and geopolitical factors that continue to impact the cost of natural gas used in the production of electricity.
Read more:
- HEAP accepting applications for energy assistance starting Tuesday (Oct. 31)
- Get ready to pay (a lot) more to stay warm this winter (Oct. 13)
- In-Depth: Supply costs for natural gas and electric on the rise (Sept. 19)