Schumer calls FTC to look into soaring electric prices

Posted at: 04/02/2014 6:54 PM
Updated at: 04/02/2014 8:12 PM
By: WNYT Staff

If your electricity bill has skyrocketed, you're not alone.

Prices are soaring and New York Senator Chuck Schumer says something needs to be done to bring them down.

He's urging the Federal Trade Commission to look at whether prices have been

Artificially inflated.

Some consumers say their bills have gone up as much as one hundred percent.

National grid says it supports a review of the increases, which it has blamed on high natural gas demand and a long, cold winter on the East Coast.