NY Public Service Commission Denies National Grid’s Rate Increase

Buyfixandprofit.com / Flickr / CC BY 2.0

ALBANY – New York’s Public Service Commission had denied National Grid’s rate increase request.

The utility proposed a increase by more than one-third, an increase of around $100.4 million for electric delivery and $41.8 million for natural gas delivery.

The commission’s decision keeps yearly increases by the utility below two percent. The decision will last for the next three years’ time.


National Grid provides electricity service to around 1.6 million upstate New York customers and gas services to around 600,000 households upstate.

 



Make it easy to keep up to date with more stories like this. Download the WNY News Now mobile app on the Apple App Store and Google Play Store.

 

Have a news tip? Email newsdesk@WNYNewsNow.com, send us a message on Facebook, or Twitter.

WNY News Now encourages an open exchange of opinions and ideas on our stories, however, we ask everyone to follow our comment policy.

Be the first to comment

Leave a Reply

Your email address will not be published.


*


This site uses Akismet to reduce spam. Learn how your comment data is processed.