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Tue, Aug 12

NEWS: PSC meets Thursday to approve National Grid rate hike

The New York PSC votes tomorrow on a nearly $1B, three-year rate plan for National Grid’s upstate service territory, with a $22/month bill increase set to hit customers in September if approved. (Times Union)

  • The joint proposal—negotiated with state staff—would fund grid investments but raise average electric bills 28% and gas bills 36% by 2027.

  • Yes, but: AARP New York warns the hikes could worsen arrears, with about 226K customers already owing $362M.

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