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Con Edison Shelves $420M Rate Hike Bid

By Pete Brush (January 3, 2014, 1:06 PM EST) -- New York regulators are set to huddle in mid-January with Consolidated Edison Co. of New York Inc. to complete a New Year's Eve deal that would see the utility freeze electric delivery rates for two years, and gas and steam distribution rate for three years, instead of raising rates by some $420 million for 2014....

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