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Senator Charles E. Schumer urges FTC to investigate increased electric prices in Upstate New York

( April 2, 2014, 19:10 GMT | Official Statement) -- MLex Summary: US Senator Charles E. Schumer urged the US Federal Trade Commission to immediately investigate the increase in electric prices that residents across Upstate New York have paid over the course of this winter. Finding that electric bills have risen to relatively high rates this winter Schumer is asking the FTC, in conjunction with the Federal Energy Regulatory Commission and the US Department of Justice, should it become necessary, to investigate the wholesale electric and natural gas markets to ensure that customers were not improperly overcharged. Statement follows in full. ...

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