NY regulators vote today on National Grid’s double-digit rate increase
Today the seven members of the state Public Service Commission will decide whether Upstate households will face a 20% hike in electric bills and a 27% jump in gas bills over the next three years.
The commission is scheduled to vote this morning on a negotiated settlement with National Grid that would ratchet up the company’s regulated delivery revenues by about $900 million a year over three years.
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