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

News 12 Staff

May 22, 2016, 6:33 AM

Updated 3,063 days ago

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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."