PSC cuts RG&E, NYSEG's electric and gas rate request nearly 50%

The New York State Public Service Commission on Thursday established three-year rate plans for electric and gas customers of New York State Electric & Gas Corp. (NYSEG) and Rochester Gas and Electric Corp. (RG&E) by adopting the terms of a joint proposal that is much more favorable to customers than the companies' original requests, reducing the initial rate year requests by almost $231 million.

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