R.I. wants 75% cut to National Grid proposed rate hike

THE R.I. DIVISION OF PUBLIC UTILITIES AND CARRIERS has asked National Grid Rhode Island to pare its proposed rate increase by 75.2 percent. / BLOOMBERG FILE PHOTO/STEVE HOCKSTEIN
THE R.I. DIVISION OF PUBLIC UTILITIES AND CARRIERS has asked National Grid Rhode Island to pare its proposed rate increase by 75.2 percent. / BLOOMBERG FILE PHOTO/STEVE HOCKSTEIN
PROVIDENCE – State regulators have proposed cutting a $45.8 million annual increase to National Grid Rhode Island gas and electricity rates by 75.2 percent. The R.I. Division of Public Utilities and Carriers on Monday filed documents recommending ratepayers pay $11.3 million more each year toward “base distribution rates,” known better as delivery costs. The amount…

Want More Free?

To access 2 more articles, please log in or register for free.

Registered users get access to a limited number of free articles every month.

Register Now

Already registered? Login to access more free articles.

Purchase NowWant to share this story? Click Here to purchase a link that allows anyone to read it on any device whether or not they are a subscriber.

- Advertisement -