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« More ways to give during the holidays | Today | Body of E. Providence man, 78, found in snow at his home » December 20, 2007PUC approves 5.2 percent hike in electricity rates
The Public Utilities Commission, this afternoon, approved a request by National Grid to increase electricity rates by about 5.2 percent as of Jan. 1. The utility company said the increase was needed to cover the projected increase in crude oil prices over the coming year. The utility company purchases electricity for most of its customers, and its long-term contracts with electricity suppliers call for National Grid to pay more when the market price of oil or natural gas go up. The typical customer will see an increase of $3.80 in their monthly bill, according to National Grid, bringing that bill to $76.66 a month, from its current $72.86 a month.
Posted by Tim Barmann CommentsJB | December 21, 2007 5:29 AM link It disgusts me to see National Grid asking for a rate hike when we can barely afford what we are already paying. In case the snobs on the commission don't know, as all of the utilities increase, our pays do not. How many people have had their electric turned off, how many people are in foreclosure....? I believe that the board of the PUC should be completey replaced with everyday working, paying customers. Oh, I forgot - it's up to the politicians! Do all of the paying customers know that National Grid wraps up what they could not collect from non-paying customers to paying customers and that is one of the main reasons for the hike. Rhode Island is getting more and more disgusting in the way it mishandles the public. DDC | December 23, 2007 12:02 PM link Post a commentPlease be civil. Vicious comments, personal attacks and profanity won't be published. Name and email are required; email address will not publish. |
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ProJo 9 to 5 News Blog
Oct 2005 - March 2006
The PUC is such a joke.. Have they ever said no to any hike ever put before them? Have you ever looked at National Grids equipment? Its all brand spanking new.. I wish I had a brand new spanking car.. no, I'm freekin paying my $350 electric bill every month from november to march.