State asks National Grid to cut proposed rate hike

A rate hike for National Grid customers could turn out to be less than originally expected.



The original proposal listed a increase of $174.7 million, which would cost ratepayers about $13.50 more a month.



But the state Department of Public Service is asking the company to cut nearly a third of it's proposed increase starting in 2017.



National Grid says it is reviewing the rulings and will respond by June 10.



The utility released a statement that said in part, "We feel our proposals and the costs associated with them are essential to provide customers with a safe and reliable gas service... to meet the needs of a 21st-century economy."



 


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