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His father is an economics consultant and expert witness who appears before public utility commissions on utility rate cases.
A Hermes spokeswoman said: "Three out of four of the pay rate cases that were reviewed by the service complaints panel in its first month received a rate increase.
The vast majority of electricity that flows into New York buildings comes over Con Ed's lines at rates that the company agrees to with the state Public Service Commission in sometimes protracted and arcane proceedings called rate cases.
"It would be gross understatement to say that the 1996 act is not a model of clarity," Justice Antonin Scalia wrote for the majority of the court in an earlier version of the telephone network rate cases that will be heard again in 10 days.
The refunds, in the form of a credit against future charges, will average $5.64 a customer, the state's Board of Public Utilities said Tuesday, adding that the order stems from a settlement of 36 contested rate cases dating as far as 1994.
"The company can't just say, 'We need money between rate cases, and we'll tell you later what it's for,' " she said, adding that such requests customarily are part of a rate-making process that differs somewhat state by state, but involves the utility's providing detailed financial justification.
Similar(29)
It also has a rate case pending in Ohio, which analysts said could be affected by last week's blackout.
Example 1 (the regular data rate case).
Example 2 (the high data rate case).
Yes: slow rate cased by congestion window fractions and rate control timer.
In the low steam injection rate case, the CO2 emission is more favorable.
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CEO of Professional Science Editing for Scientists @ prosciediting.com