Hurricane Sandy: Utility Bills May Be Higher For Some Customers

How Will Your Utility Bill Be Affected?
City of Elmira N.Y., electrician, Nate Battle fixes a traffic light that was downed from high winds caused by superstorm Sandy, Tuesday, Oct. 30, 2012. Hundreds of thousands of upstate New York residents were without power Tuesday after superstorm Sandy's high winds knocked down trees and utility lines, forced schools and local government offices to shut down. (AP Photos/Heather Ainsworth)
City of Elmira N.Y., electrician, Nate Battle fixes a traffic light that was downed from high winds caused by superstorm Sandy, Tuesday, Oct. 30, 2012. Hundreds of thousands of upstate New York residents were without power Tuesday after superstorm Sandy's high winds knocked down trees and utility lines, forced schools and local government offices to shut down. (AP Photos/Heather Ainsworth)

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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