National Grid proposes hefty 17% rate increase for NY customers, blaming climate change policies, inflationBy Carl Campanile
May 2, 2023
Nearly 2 million local National Grid customers could be seeing red over hefty proposed rate hikes pushing them to get more green.
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.
That means the typical bill for residents in Brooklyn, Staten Island and Queens would jump by $30.95 per month, National Grid estimated.
The average customer on Long Island and the Rockaway Peninsula could see a bill increase of about $28.52 a month.
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.”
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Source:
https://nypost.com/2023/05/02/national-grid-could-sock-new-york-customers-with-up-to-17-hike/
