NYPA cancels rate hikes, bonuses
Apr 2nd, 2009 | By Site Admin | Category: Newsby Tim Knauss/The Post-Standard
The New York Power Authority on Tuesday rescinded planned rate increases for its hydropower customers, saying the decision would save New York residents and businesses $16.5 million this year.
Responding to a firestorm of criticism from legislators and the governor, Richard Kessel, the power authority’s president and chief executive officer, said no rate [...]