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July 10, 2008

PUC votes on rate hike today

WARWICK -- The state Public Utilities Commission is expected to approve National Grid's request for 21.7 percent rate increase today.

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

At its hearing Tuesday, 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 Brandie M. Jefferson  at 7:04 AM | Permalink

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