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March 31, 2006

National Grid requests an electricity rate decrease

National Grid said today that a decline in energy prices will allow the company to reduce electricity rates next month by about 3.9 percent.

The company, which provides electricity in 38 of the state's 39 communities, filed a proposal with the Public Utilities Commission this afternoon, seeking to lower its rates as of May 1.

The proposed rate for "standard offer" service, which most customers receive, would be 9.4 cents per kilowatt-hour, down from the current rate of 10 cents per kilowatt hour.

If approved by the PUC, the monthly bill for a customer using 500 kilowatts of electricity would be $77.82, down $3.12, or 3.9 percent.

-- Journal staff writer Timothy C. Barmann

Posted by Jack Perry  at 3:41 PM | Permalink