National Grid Seeks To Merge Two Utilities Offering Natural Gas Choice

National Grid has filed a petition with the Massachusetts DPU requesting authorization to complete a legal merger of the corporate entities now known as Boston Gas and Colonial Gas.

Boston Gas and Colonial Gas, both owned by National Grid, currently have unique Gas Adjustment Factors, Local Distribution Adjustment Factors, and base rates.

National Grid is not seeking any rate consolidation in the merger proceeding.

"[A]pproval of the legal merger, and completion of the transaction thereafter, will have no independent effect on any rates charged to customers. Any rate changes would require subsequent review and approval by the Department, and the Company is not seeking any Department approval of consolidated rates in this proceeding," National Grid said

National Grid noted that, "the components of the Gas Adjustment Factors or Local Distribution Adjustment Factors that are currently company-specific but that could change later as a result of the merger would have to be separately reviewed and approved by the Department prior to any change."

D.P.U. 19-69