Nat’l Grid: Lower Bills Expected for Upstate NY Customers
Albany, NY (WIBX) – The New York State Public Service Commission (PSC) has ordered National Grid to lower the price they charge for electricity delivery, effective next month.
According to the power provider, the typical residential customer bill will be 6% lower overall, assuming equal usage. Small to mid-sized commercial customers should see bill reductions ranging from 4 to 11%, with large commercial and industrial accounts seeing a 13 to 23% savings, depending on type of account. The changes authorized today by the PSC will take effect January 1st.
“We’re very pleased with the outcome of today’s decision, as it allows us to pass along significant bill reductions for our upstate customers,” said Ken Daly, President of National Grid for New York. “This continues a trend of relative stability in delivery rates for customers that will now carry into 2013, and ideally beyond.”
According to Company officials, National Grid anticipates submitting a proposal in the spring of 2012 for new rates to take effect in 2013.
This past Summer, Utica Mayor David Roefaro lobbied against a National Grid rate hike, he says “This decision by the PSC is good news and will save Uticans a little bit“, adding ”As my days as mayor come to an end, I am going to ensure the next mayor keeps his focus on the PSC to protect Uticans from any future rate hike proposals.” Mayor Roefaro expects residential customers in Utica to save about $10 a month.