Monday, May 21, 2007

ConEd plans major electric system upgrade

(Reuters) - The huge spending program could lead to rate increases of as much as 20 percent for some customers, spokesman Chris Olert said. "We need it for infrastructure investments," Olert said.




As part of the proposals, the company plans to install a superconducting cable in Manhattan, Olert said.


Read more at Reuters.com Business News

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