Metro

Con Ed readies ga$ attack

It’s enough to give you gas pains.

Con Ed is seeking to raise the price of gas for residents by 6 percent a year for three years, saying skyrocketing costs have left the utility in the hole, according to recently filed documents.

In the filings with the state Public Service Commission, Con Ed says it must make up for a shortfall of more than $160 million and is seeking permission from the board to raise residential gas prices 6 percent annually beginning in October 2010.

The commission must conduct an investigation and hold hearings before ruling on any increase.

The proposal would affect nearly 8 million customers. Lesser increases would also affect other categories of customers.