HTN: NYPA Freezes Rates, Cuts Bonuses

The New York Power Authority has decided to freeze rates for all customers through April of next year after a public outcry. The Authority had planned to boost rates by as much as eight-percent, but Governor Paterson and lawmakers urged that the increases be halted. The Authority also will not give out employee bonuses this year

HNT: NYPA Kills Rate Hikes, Bonuses

The New York Power Authority is changing its mind about a proposed rate hike for upstate customers, and agency employees have been told not to expect bonuses, after residents and lawmakers expressed outrage about such plans. The Buffalo News reports that a formal announcement is expected this afternoon.