New York Power and Light: Settlement talks accelerate in Con Ed rate case
NYPower and Light.com — Con Edison and the state have accelerated talks about cutting a deal in the company’s request for a rate boost.
In letter dated Friday and made public on Monday afternoon, the Public Service Commission’s chief administrative law judge appointed another judge, Kim Harriman, to oversee settlement talks.
That the PSC and Con Ed have been talking settlement is no surprise — the talks were disclosed in case documents in May. The negotiations have been on “hiatus” while the parties presented arguments for and against Con Ed’s request for a rate hike.