National Grid Files To Decrease Default Service Rate 15%

Narragansett Electric (National Grid) has filed with the Rhode Island PUC to decrease its electric default service rate effective January 1, 2016

The new residential Narragansett Electric default service rate would be 8.901¢/kWh for the period January 1, 2016 through September 30, 2016. That's about 15% lower than the current residential SOS charge of 10.405¢/kWh

All prices in this story include the Standard Offer base charge, Standard Offer Adjustment, SOS Admin. Cost Factor, and the Renewable Energy Standard Charge

Non-residential default service rates would be as follows (¢/kWh):

Commercial (C-06, G-02 and SL)

Fixed Rate Option: 8.327

Monthly Prices:
Jan 2016     13.814
Feb 2016     13.500
Mar 2016      9.741
Apr 2016      7.181
May 2016      6.201
Jun 2016      6.517
Jul 2016      6.547
Aug 2016      6.128
Sept 2016     5.791




Industrial (B-32, G-32, B-62, G-62, X-01)

Monthly Prices:
Jan 2016     11.199
Feb 2016     10.954
Mar 2016      8.308