Hurricane Sandy: Utility Bills May Be Higher For Some Customers

10/31/2012 10:07 am ET | Updated Dec 31, 2012
  • David J. Unger Christian Science Monitor

Hurricane Sandy may cost the US economy anywhere from $30 billion to $50 billion, according to preliminary assessments. A big portion of that bill will be paid by utilities as they scramble to repair downed lines and restore power to millions of customers.

And that means higher utility bills down the road for those customers, if previous hurricanes are any indication.

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