National Grid reduces rate hike proposal by $26M

A NATIONAL GRID RHODE ISLAND van at Cranston and Bridgham streets in Providence. / PBN FILE PHOTO/ELI SHERMAN
A NATIONAL GRID RHODE ISLAND van at Cranston and Bridgham streets in Providence. / PBN FILE PHOTO/ELI SHERMAN
PROVIDENCE – National Grid Rhode Island has proposed to reduce a rate hike it seeks from gas and electricity customers by about $26 million as a direct result of federal tax reform. The state’s largest utility originally proposed a $71.6 million increase to the amount it charges ratepayers to deliver gas and electricity. It now…
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