PSEG LI: Power supply charge on the rise in March

Customers of PSEG Long Island can expect another increase to their bills in March. 



The increase will be the sixth straight month the power supply charge is rising. 



PSEG says the power supply charge will increase 6.2 percent, making it the highest level ever. 



The average PSEG Long Island customer will see their bills rise by about $5.53 in March. 



The company says the increase is blamed on the subfreezing cold and skyrocketing natural gas prices.



"We're experiencing an incredibly cold winter, much different than we saw last year," says Jeffrey Weir, of PSEG. "So when that happens, the demand and use of that natural gas increases."


sorry to interrupt
your first 20 are free
Access to News 12 is free for Optimum, Comcast®, Time Warner® and Service ElectricSM customers.
Please enjoy 20 complimentary views of articles, photos, and videos during the next 30 days.
you have reached your 20 view limit
Access to News 12 is free for Optimum, Comcast®, Time Warner® and Service ElectricSM customers.
Please login or create an account to continue enjoying News12.
Our sign-up page is undergoing maintenance and is not currently available. However, you will be given direct access to news12.com while we complete our upgrade.
When we are back up and running you will be prompted at that time to complete your sign in. Until then, enjoy the local news, weather, traffic and more that's "as local as local news gets."