LAWSUITS NEWS & LEGAL INFORMATION
Black Outs
New York, NY: (Apr-24-08) Several charges were brought against Consolidated Edison by residential customers who lost power for up to 10 days during a sweltering summer blackout in 2006. State regulators claimed that over 174,000 people lost service or experienced low voltage during the crisis, caused by the simultaneous failure of several major electrical feeder cables.
As part of a settlement reached in the case, state officials announced that the power company has agreed to make a one-time payment of $100 to the 174,000 residents. The deal claimed that the $17 million proposal included payments of $350 for some large businesses, according to paperwork filed with the state's Public Service Commission.
Residents said that the company decided to settle because state law limits how much residents can recover from a utility, and, without a deal, there was no guarantee that any fines ordered by the state would end up going directly to customers. In exchange for the settlement, a regulatory complaint against the utility would be dropped. Residents and business owners with legal claims against the utility would be free to continue pursuing them. [NEWSDAY: CON ED SETTLES COMPLAINTS OVER 2006 BLACKOUTS]
Published on Apr-25-08
Residents said that the company decided to settle because state law limits how much residents can recover from a utility, and, without a deal, there was no guarantee that any fines ordered by the state would end up going directly to customers. In exchange for the settlement, a regulatory complaint against the utility would be dropped. Residents and business owners with legal claims against the utility would be free to continue pursuing them. [
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