Projo Biz Blog

Utility rates increase today

9:06 AM Tue, Jul 15, 2008 |
By Jack Perry    Email this author |   Email this entry

A National Grid utility rate hike goes into effect today, raising natural gas prices by 8 percent and electricity by 21.7 percent.

For a typical home, that means a $9.60 increase in an average monthly gas bill and a $16.67 increase in an average monthly electricity bill. In all it adds about $330 to yearly utility bills.

New gas rates are usually implemented on Nov. 1, but National Grid sought for this rate hike to stand for 16 months. The new rate holds until Jan. 1

Find energy-saving tips from the experts
.

Extra: What would you say to the Public Utilities Commission? Take the projo.com survey.

-- projo.com staff writer Brandie Jefferson

social bookmarking


Leave a comment





Type the characters you see in the picture above.