ConEd says completes NYC electricity restoration
- NEW YORK, -- Utility company Consolidated Edison Inc. said it has restored electrical service to a network in Lower Manhattan that lost power because of last Tuesday's attacks on the World Trade Center.
While all networks affected by the attack are energized, ConEd said individual buildings may be without power until the company can gain access to them to turn on electrical connections.
ConEd said the restored area, the Cortlandt network, serves about 1,800 customers.
The company said it is urging customers whose power has been restored to minimize the use of electricity while work continues in the area.
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N.L., Ottawa agree to shield ratepayers from Muskrat Falls cost overruns
ST JOHNS - Ottawa and Newfoundland and Labrador say they will rewrite the financial structure of the Muskrat Falls hydro project to shield ratepayers from paying for the megadam's cost overruns.
Federal Natural Resources Minister Seamus O'Regan and Premier Dwight Ball announced Monday that their two governments would scrap the financial structure agreed upon in past federal-provincial loan agreements, moving to a model that redirects benefits to ratepayers.
Both politicians called the announcement, which was light on dollar figures, a major milestone in easing residents' fears that electricity rates will spike sharply when the over-budget dam comes fully online next year.
"We…
