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National Grid Residential, Commercial Default Service Rates To Spike Over 40%
National Grid has filed with the Massachusetts DPU proposed electric basic service rates for the period beginning November 1, 2015 which reflect a 40-47% increase in the basic service rates for residential and commercial customers.
The fixed residential basic service rate would increase over 40% to 13.129¢/kWh for the period November 2015 to April 2016, from the current 9.257¢/kWh
The fixed commercial (G-1) basic service rate would increase over 47% to 12.709¢/kWh for the period November 2015 to April 2016, from the current 8.640¢/kWh
The rates remain subject to DPU approval.
Additional rates are below:
"National Grid remains concerned about volatile and unpredictable electricity supply prices our customers are subject to," Marcy Reed, president of National Grid in Massachusetts, said in a news release
"National Grid continues to advocate for a balanced portfolio of energy resources, including large-scale renewables, increased natural gas capacity and enhanced energy efficiency programs, as the key to securing New England’s long-term energy future and providing our residential and business customers with the stability they need," the company said.
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September
16, 2015
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Copyright 2010-15 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com
National Grid Massachusetts Basic Service Rates
¢/kWh
Residential (R-1, R-2, R-4, E)
Fixed Rate:
Nov-April 13.129
Monthly Rate Option
Nov 2015 11.318
Dec 2015 13.478
Jan 2016 15.238
Feb 2016 15.105
Mar 2016 12.088
Apr 2016 10.390
Commercial (G-1, Streetlights)
Fixed Rate:
Nov-April 12.709
Monthly Rate Option
Nov 2015 11.146
Dec 2015 13.126
Jan 2016 14.838
Feb 2016 14.527
Mar 2016 11.861
Apr 2016 10.161
Industrial NEMA (G-2, G-3)
Fixed Rate:
Nov-Jan 12.410
Monthly Rate Option
Nov 2015 9.864
Dec 2015 12.404
Jan 2016 14.656
Industrial SEMA (G-2, G-3)
Fixed Rate:
Nov-Jan 12.448
Monthly Rate Option
Nov 2015 9.774
Dec 2015 12.407
Jan 2016 14.841
Industrial WCMA (G-2, G-3)
Fixed Rate:
Nov-Jan 12.167
Monthly Rate Option
Nov 2015 9.309
Dec 2015 12.062
Jan 2016 14.782
All rates include the Basic Service
Administrative Cost Adjustment Factor
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