National Grid to seek another rate hike in 2012Subscribe to RSS feed
Because the process of asking state regulators for a rate hike takes 11 months, any increases wouldn't take effect until 2013.
But National Grid just spent most of last year trying to justify a $360 million electric rate increase, although the state Public Service Commission only allowed $119 million.
And in 2009, the PSC approved a $39 million increase in natural gas rates. (more)