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National Grid Rate Hike Decision expected Thursday
SYRACUSE, N.Y. — The New York State Public Service Commission (PSC) is set to meet Thursday morning to consider a proposal that could significantly raise utility bills for National Grid customers across the state.
On the agenda: a vote on National Grid’s proposed three-year rate plan. If approved, the average residential customer could see their bill increase by $22 per month in the first year, rising to nearly $50 more per month by the third year.
National Grid says the additional revenue would support upgrades to strengthen the power grid, improve storm response, and invest in clean energy initiatives that align with New York’s climate goals.
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