Many Massachusetts customers who get their electricity through National Grid will see a big rate decrease beginning May 1. The utility says the average household will see its monthly bill drop by about $115.
Update: On March 21, the Department of Public Utilities approved National Grid's proposed rate change. The new basic service rates will go into effect on May 1., National Grid announced that it’s seeking a big rate decrease for its Massachusetts customers.
"We're pleased that these new electric rates will provide some relief for customers," said National Grid spokesperson Bob Kievra."We certainly recognize that high energy costs have posed a real challenge for many of our customers this winter." "Last fall, when we did our last round of six month rates, our electricity prices rose to a historic high," Kievra said., fossil fuel prices rose in 2021 as the global economy began to recover from COVID and demand for energy grew. They spiked again in early 2022 after Russia invaded Ukraine and sent energy markets into a frenzy.
An extremely hot summer that causes people to crank the AC could drive up the price of electricity, he added,"but I don't think we will return to last year's extremely high levels."
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Disney Parks Enter the Grid with Some Impressive New Tron CollectiblesEnter the Grid with Disney as DisneyParks prepares for their new Tron ride with some incredible collectibles from custom figures, replica discs, and so much more
Leer más »
Daily on Energy: Coal and gas compete for share of the gridSubscribe today to the Washington Examiner magazine and get Washington Briefing: politics and policy stories that will keep you up to date with what's going on in Washington. SUBSCRIBE NOW: Just $1.00 an issue!
Leer más »
Colorado — a national hub for eating disorder treatment — hopes to slow surging rate of stigmatized illnessTwo weeks after a routine trip to a health clinic turned into a psychiatric hospitalization, Emma Troughton was on a plane to Denver.
Leer más »
It Is Time for a National Reckoning About the Iraq WarTwenty years ago, the U.S. destroyed Iraq with an invasion that also constituted an attack on the very concept of the international rule of law.
Leer más »
Mentor 4th grader headed to National Spelling BeeA student in the Mentor Public School District will be heading to the nation’s capitol in May for the Scripps National Spelling Bee.
Leer más »