The ultimate consequences of Iran’s latest foray into “don’t look at us” aggression are far from clear, but one thing is certain: A lot of players, Iran included, must now put their cards on the table. News broke yesterday that Saudi oil officials are buying refined products and crude from other countries in order to supply their own customers in …
LARRY M. ELKIN, CPA, CFP®
Long-Term Solution, Short-Term Problem
LARRY M. ELKIN, CPA, CFP®
When a business says “No new customers please,” something has gone very wrong. When that business is a major utility, the first place to look for the responsible parties is in the halls of government. Earlier this year, Consolidated Edison imposed a moratorium on new natural gas connections in Westchester County, New York. As of mid-March, the utility stopped accepting …
LARRY M. ELKIN, CPA, CFP®
Governor Cuomo Calls on Public Service Commission to Reject Con Edison’s Proposal to Raise Utility Rates
Governor Andrew M. Cuomo today sent a letter to the Public Service Commission (PSC) opposing Con Edison’s proposal to raise utility rates in 2014. “With the anniversary of Superstorm Sandy approaching and the recent power outage on the Metro-North’s New Haven line that inconvenienced tens of thousands of commuters, it’s clear that now is not the time for Con Edison …
UPDATE: Con Edison Power Restoration Prospects Look Glum By HEZI ARIS
NEW YORK, NY – November 1, 2012 — The most recent press release from Con Edison advises customers awaiting restoration of power may need to wait up to November 10 or 11, and some customers will have to wait as long as a week longer. The press release went on to explain that customers who receive power through underground sources …