NYCers fall behind on paying energy bills
From Crain's New York Business:
[T]he number of Consolidated Edison and National Grid customers who were behind on their payments went up by 5% last month compared with April 2007. They are also falling further behind than before, as the amount city residents owe on their utility bill has gone up by 19%.
Con Ed alone says more than 187,756 people were behind on their bills last month, a 9% increase over the year-ago month. The company turned off service to over 9,321 customers last month....
Current trends in the price of oil heat do not bode well for the winter heating season, either.... [T]he price of home heating oil has gone up nearly 6% since the end of April....
Heating oil prices typically stay flat or go down as temperatures go up. But that seasonal dip won’t occur this year because of the sharp increase in crude oil prices....
Heating oil prices have been going up, just like everything else. Ever since working for NORA I have been suggesting we switch over to bioheat. It's neat. You're still using oil,but it's blended with biodiesel, therefore helping conserve 400 Million gallons of oil. Imagine all that, our prices would have to go down some after saving so much oil.
See the facts for yourself: http://oilheatamerica.com/index.mv?screen=bioheat
Posted by: Eli | May 15, 2008 at 06:58 PM