National Grid files three-year rate plan for upstate New York
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 28 2025
0mins
Source: Reuters
National Grid's Rate Plan Proposal: Britain's National Grid has proposed a three-year rate plan to the New York Public Service Commission for its Niagara Mohawk Power Corporation, which serves 1.7 million electric and 600,000 gas customers.
Impact on Customer Bills: If approved, residential electricity bills would increase by $14.32 in the first year and natural gas bills by $7.66, with additional investments planned for infrastructure improvements and bill discounts.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
