Projo Biz Blog

WALTHAM, Mass. (AP) -- National Grid is the latest utility to announce a significant drop in natural gas rates for the summer season.

The company said Thursday that it has filed with state regulators for a rate of 51 cents per therm for the period of May through October. That would be 65.7 percent lower than last summer, saving the average customer nearly $50 per month.

National Grid is also proposing a 23 percent cut in summer electricity rates.

NStar and Unitil also announced earlier in the week that they were filing for reductions in summer natural gas rates of 70 percent and 56 percent, respectively.

The rates must be approved by the Massachusetts Department of Public Utilities.

 Tags  electricity rates National Grid natural gas rates NStar Unitil

Comments

Philip Berson said:

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Link | March 20, 2009 9:38 AM
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Joe said:

Nice advertisement Phil. Too bad the report abuse button doesn't work.

Link | March 20, 2009 12:51 PM
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