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August 3rd, 2016:

National Grid Rate Hike Plan Meets Stiff Opposition

American Energy Coalition - August 3rd, 2016

National Grid faces strong opposition over its plan to boost natural gas delivery rates, according to a recent article by CBS New York.

CBS reports that National Grid is looking to increase bills by $16 per month for the average customer. The company’s president said the rate hike is necessary because there is a large discrepancy between what the state allows the company to collect and the increasing expenses it faces.

National Grid wants to charge more to deliver natural gas into downstate New York homes, and residential gas bills could increase by about $192 a year for its 560,000 customers in Nassau and Suffolk, and 1.1 million customers in Queens, Brooklyn and Staten Island, the article states.

Chris Widelo, spokesman for the American Association of Retired Persons (AARP), said the $146 million natural gas delivery charge rate hike is outrageous and unaffordable for many senior citizens on fixed incomes. “We just have not seen good evidence as to why there needs to be a rate increase, period,” Widelo said. Brookhaven Town Supervisor Ed Romaine called the rate hike “unjustifiable” and added, “How do you raise gas prices when natural gas is the lowest it’s been in the last 20 years?”

To read the CBS New York article, click here.

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