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Con Edison bills will soon show how much of your cash goes to NYC property taxes

NYC
New York Post Fews App News Provider
Fews App Post Time Hace 17h

Con Edison will tell its customers a main reason why its electric bills are so high — they’re forced to offset the company’s own hefty “regressive” property tax burden charged by the New York City government. The utility giant said property taxes account for a significant 21% share of the total monthly bill customers pay as Con Edison’s $2. 6 billion in property taxes last year made it the largest taxpayer in the city.

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