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December 14, 2007

National Grid expected to ask for rate increase today

WARWICK -- National Grid will ask for a rate increase.

The utility is expected to make its case for a 5.2 percent increase for electricity rates at a hearing today before the Public Utilities Commission.

National Grid has said the rising cost of crude oil makes the rate hike necessary.

The George Wiley Center, a Pawtucket-based advocacy group for the poor, says too many customers are losing heat and electricity service because they're unable to pay the bills.

The organization is urging the public to attend the hearing.

-- The Associated Press

Posted by Jack Perry  at 7:03 AM | Permalink

Comments

Even if we go to these meetings, Are We Heard or is it just easier to say the people were listened too. Even with people not being able to pay their bills no help is coming their way. How come it is so easy to just say the crude oil rate is going up. So what does that mean to an 80 year old widow sitting with layers of clothes on and no heat because she had to buy her meds and some food off the mark down counter at the grocery store just to survive. She can't say to the bill collectors or pharmacy..."Oh sorry I am a little short this week can you help me out , National Grid needs more money.....

Lisa Bedard | December 14, 2007 10:18 AM link

What happened to the laws banning monopolies? Isn't that was broke "Ma bell"? I think that National Grid gets enough money through the fees they charge. Out of my monthly bill, half of the amount charged is actually for usage and the other half is fees. If they raise the rate due to the price of oil, will they lower the rates if oil prices drop? I think not.

Jennifer | December 14, 2007 11:11 AM link

Again another increase? Didn't they get something close to 25% about a year ago? Let their reserves and/or profits drop a little so that people can survive - we are footing the costs of high crude prices, too.

Jo | December 14, 2007 11:49 AM link

Does the Public Utilities Commission ever say no to National Greed? Or do they just PUCker up to them?

What a disgrace!

JKW | December 14, 2007 11:51 AM link

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