"National Grid Proposes Significant Rate Hikes for 2024"
TL;DR Summary
National Grid has requested the New York State Public Service Commission to approve a 15-20% rate hike for residential electric and gas customers starting in spring 2025. The increase aims to support infrastructure, customer service, economic growth, and the transition to clean energy. The proposal could potentially spread costs over several years to mitigate the immediate impact. This follows similar rate increases approved for RG&E and NYSEG. Public hearings will be held for customer feedback.
Topics:business#businessenergy#clean-energy#national-grid#new-york#public-service-commission#rate-hike
- National Grid is looking for a 15-20% increase in electric and gas rates RochesterFirst
- Your annual National Grid bill could go up by $440 next year WWNY
- Think your energy costs are high now? Just wait. Times Union
- National Grid proposes double-digit rate hikes in New York Democrat & Chronicle
- Why National Grid is asking for such a big hike in electric and gas rates syracuse.com
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