![]() ![]() National Grid blamed state and federal mandates and climate-change policies as partly responsible for its fat-pitched hike. “The Department will continue to act to buttress affordability in New York.” “For the major electric and gas utilities, the approved rates after this process are nearly always dramatically lower than what is requested, due entirely to this time-tested stakeholder review process. New York on cusp of being first state in nation to ban natural gas under new budget - and residents are furious “Nothing about a utility’s rate case is taken for granted or assumed. “State regulators pore over the utility’s books to identify ways to cut costs,” PSC spokesman James Denn told The Post in a statement Tuesday. National Grid said it needs another $414 million more from city customers and $228 million from Long Island ratepayers for investments to deliver “safer, more reliable and cleaner energy.” AP Photo/Hans Penninkīut if the PSC’s previous actions are any indication, it will likely lower the hike sought by National Grid, which says it serves 20 million customers in New York and Massachusetts. The proposed rate hikes, if approved, would start taking effect April 1, 2024. Kathy Hochul - will hold hearings before voting on whether to approve the rate hike or something less, likely early next year. The state Public Service Commission - whose members are appointed by Gov. The utility says it needs a total of $414 million more from city customers and $228 million from Long Island ratepayers to make “investments to enable the company to deliver safer, more reliable and cleaner energy.” National Grid, which provides only gas to customers in downstate New York, said it is proposing to phase in the increases over “multiple years to better manage customer bill impacts.” The average customer on Long Island and the Rockaway Peninsula could see a bill increase of about $28.52 a month. That means the typical bill for residents in Brooklyn, Staten Island and Queens would jump by $30.95 per month, National Grid estimated. ![]() The natural gas and electric utility giant has proposed gas-use increases of 17% for its New York City residential customers and 16% for Long Islanders, with the company blaming inflationary costs and government green-energy requirements. Nearly 2 million local National Grid customers could be seeing red over hefty proposed rate hikes pushing them to get more green. Hochul backers rip her ‘Green New Deal’-inspired plan New Yorkers at risk of freezing thanks to City Council bid to kill off vital National Grid upgrade Additional details may be found on your utility’s website.Budget deal worsens New Yorkers’ pain from state’s lunatic climate lawįourth electrical substation found vandalized in Washington State on Christmas Day ![]() Your program details may differ based on your utility. National Grid reserves the right to cancel your participation in the program if you participate in less than 15% of the rush hour events during a season because you opted out of energy rush hours, or your device was offline or not in a heating mode.Critical rush hour events can occur at any time of day. In the unlikely situation of a critical need on the electric grid, National Grid may need to call a critical rush hour event.There can be multiple rush hour events per day.Energy rush hours can occur at any time of year between 6 a.m.Rush hour events can consist of a pre-cooling period in the summer or pre-heating period in the winter to make your home more comfortable and a period of time when your energy usage is reduced. There can be multiple rush hour events throughout the year.Plus, you’ll receive an additional $25 e-gift card after the second season of participation, if you participate in at least 70% of the rush hour events for that season. National Grid will give you a $25 e-gift card for signing up for Rush Hour Rewards. ![]()
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