Showing posts with label electric rates. Show all posts
Showing posts with label electric rates. Show all posts

Tuesday, March 24, 2015

National Grid Files For Electric Rate Reduction



Ken O’Brien


National Grid electric customers could see lower bills this spring.

The company has asked the state’s Department of Public Utilities to allow them to change the the Basic Service charge from the current price of over 16 cents a kilowatt hour to just over 9 cents per kilowatt hour.

The decrease, National Grid explains, is primarily due to fluctuations in the wholesale electricity market prices, which are costs the company does not control.