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The Bottom Line
 
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The Bottom Line: National Grid Rates

Updated: Friday, August 2 2013, 09:17 PM EDT

ALBANY -- Rate plan approved.


The New York Public Service Commission is announcing a new three-year rate plan for National Grid.
 
Here's The Bottom Line on how it breaks down:


For electricity customers, delivery charges will go down by more than 8.5% this year.  But then, they'll go up by nearly 3% next year - and again in 2015.


For natural gas customers, delivery charges will drop more than 6.5% this year.  Then, they'll jump by nearly 5% next year, and another 5% in 2015.


Those rates go into effect on April 1st, and knowing how many of our viewers we hear from about high delivery charges, CBS 6's Dori Marlin asked the PSC specifically about them.


A spokesperson tells Dori "yes" - you should actually be able to see those lower delivery rates on your bills, starting April 1st.


As to whether the utility can raise other rates and fees, to make up the difference - the spokesperson tells Dori "no."


Let Dori know what you find on your upcoming utility bills, by sending her an e-mail: thebottomline@cbs6albany.com.

The Bottom Line: National Grid Rates


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