I agree with Mayor Bloomberg: Con Ed’s infrastructure needs to be updated (“Mike Rate $hocker,” Jan. 12).

Perhaps a price hike would instill a sense of conservation in people.

Katherine A. Sweatt, Manhattan

I wonder how many Con Ed shares Bloomberg has in his blind trust.

His comment about Con Ed not making “that much money” is outrageous.

Con Ed’s projected dividend for next quarter is $1.04, with a $3.28 payout per share estimated for this fiscal year.

When the DJIA dropped by 247 points, Con Ed’s stock rose to 46.92, up 0.30.

When most corporations screw up, they eat the loss. Not Con Ed. It gets a rubber stamp from its Public Service Commission cronies to have its victims, i.e., customers, pay the penalty for its sloppy management through a 17-percent tax hike.

James Monroe, Woodside