New Yorkers Struggle with Soaring Electricity Costs

A recent survey of 1,000 Americans revealed that New Yorkers are facing significant financial struggles due to rising utility expenses, with the average household accumulating $766 in credit card debt. One-third have missed an electric bill payment at least once in the past year, and 14% have outstanding unpaid bills. Over a quarter of households have had to take on additional work to make ends meet, and more than half struggle with their electric bills during peak usage months. This financial burden is leaving New Yorkers feeling the squeeze and in need of relief.

PG&E CEO Pledges to Lower Customer Bills

PG&E CEO Patricia Poppe expressed hope that customer bills will flatten or even decline in the future, despite recent significant increases. The utility is exploring cost-cutting measures, including modernizing operations and reducing vegetation management reliance. Poppe also acknowledged the need to balance cost reduction with safety concerns, especially in light of past PG&E-related disasters.

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