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July 9, 2008

PUC to decide on National Grid rate hike tomorrow

WARWICK -- The state Public Utilities Commission will make a decision on National Grid's request for 21.7 percent increase in rates tomorrow.

The PUC, which heard from the public on the request yesterday, is scheduled to meet at 2 p.m . at its headquarters at 89 Jefferson Boulevard.

At its hearing yesterday, about 20 customers told the commission what a hardship the rate hike would be and implored the PUC not to approve it.

National Grid upped its electricity rate request last week, from a 15.6 percent increase, citing increases in energy costs. The request is the largest single rate increase the company has ever sought, and would put rates at their highest level ever. National Grid has asked the new rates to go into effect on July 15.

Extra: See the proposal as put forward before the PUC.

Your Turn: If you were at the PUC meeting, what would you have told them?

Posted by Andrea Panciera  at 12:36 PM | Permalink

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