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AG will oppose National Grid bid to hike gas ratesSubscribe to RSS feed

Calling it “excessive and
ill-timed,” Attorney General Martha Coakley served notice yesterday that
she plans to oppose National Grid’s proposal to raise natural-gas rates
by 4.3 percent to 11.2 percent for its 850,000 customers in
Massachusetts. The rate increases - which would average $64 to $175 a year for
customers, depending on where they live - are needed to help pay for
ongoing maintenance of the region’s gas-line infrastructure, said
National Grid. (more)