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POWER AUTHORITY TO HOLD PUBLIC FORUM ON RATES

 POWER AUTHORITY TO HOLD PUBLIC FORUM ON RATES
 NEW YORK, March 2 /PRNewswire/ -- A public forum on a proposed


rate increase for New York Power Authority hydroelectric power used by residential and farm customers will be held at 10 a.m., Friday, April 3 at the Hotel Syracuse in Syracuse.
 Power Authority trustees authorized the forum when they proposed the gradual four-year increase in January.
 The rate action would increase the monthly bill of a typical residential customer served by a municipal electric system or rural cooperative by about 60 cents in each of the four years. Monthly bills for New York State Electric & Gas, Niagara Mohawk and Rochester Gas and Electric residential customers would increase 8 cents to 16 cents in each year. The increase is greater for municipal and rural cooperative customers because they use more hydropower, which accounts for part of the total bill.
 Despite the proposed increase, which would take effect May 1, the power would remain among the cheapest in the country. Total bills for customers of municipal and rural cooperative systems would continue to be far below those paid by the state's private utility customers.
 The average residential customer of a municipal or rural cooperative system pays just over 3.9 cents per kilowatt hour (kwh), including delivery charges. In contrast, average kwh costs in a recent month for residential customers of private utilities were: Long Island Lighting Co. (LILCO), 14.8 cents; Orange and Rockland Utilities, 12.3 cents; Consolidated Edison Co., 11.2 cents; NYSEG, 10.8 cents; Central Hudson Gas and Electric, 10.5 cents; RG&E, 9.9 cents; and Niagara Mohawk Power Corp., 9.3 cents. NYSEG, RG&E and Niagara Mohawk resell Power Authority hydropower to their residential and farm customers without profit, meeting a portion of the customers' needs and helping to lower overall charges.
 A customer of a municipal or rural cooperative system now pays an average of about $27 a month for 700 kwh of electricity. Average monthly bills for private-utility customers for the same amount of electricity range from about $103 at LILCO to $65 at Niagara Mohawk.
 Under the proposed increase, the production charge for the hydroelectric power would go from about half a cent per kwh at present to less than eight-tenths of a cent per kwh in 1995.
 The power, produced at the Power Authority's Niagara Power Project near Niagara Falls and its St. Lawrence-Franklin D. Roosevelt Power Project in Massena, is sold to the state's 51 municipal and rural cooperative systems, the three private utilities, and municipal distribution agencies. The power is also sold to the Metropolitan Transportation Authority in New York City and the Niagara Frontier Transportation Authority in Buffalo and, under federal mandates, to public agencies in seven neighboring states.
 Power Authority trustees will consider comments at the forum and other public responses before acting on the rate proposal.
 -0- 3/2/92
 /CONTACT: Jack Murphy of the New York Power Authority, 212-468-6319/ CO: New York Power Authority ST: New York IN: UTI SU:


JT -- NY079 -- 4152 03/02/92 16:34 EST
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Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Mar 2, 1992
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