According to the Wall Street Journal (WSJ), the price consumers in New York are paying for electricity today is 40 percent more than it was a decade ago. At the same time the price of natural gas, the basic fuel that is most often used to produce energy in the state has fallen by 39 percent. So why are New Yorkers paying more for their power? The WSJ postulates that utilities have been spending hundreds of thousands of dollars on updates to the grid in order to raise rates and make more money.  Continue reading →