BOSTON (WHDH) – National Grid customers could be in for quite the shock when they open their utility bills this winter.
The company has announced its winter rates, which go into effect on Nov. 1, stating that residential customers that use electricity can expect a price increase of 64%.
That means if you paid the typical $179 a month last winter, be ready for a monthly bill of at least $293. And it is not just an electric shock, either: customers who use gas will also feel a 22-24% price hike.
“At National Grid, this is the highest we’ve experienced,” said National Grid Chief Customer Officer Helen Burt. “Our customers pay what we pay. We’ve kept our electric distribution and transportation piece of the bill flat, year-over-year, and so this is entirely due to the cost of energy in the marketplace now.
No Excuses !!! These damn companies have more $$$$$$ than the GOVT & should be REGULATED !!!!
Price CAPS needed to Stop them in their Tracks !!!!!
Govt should take over the electric companies !!!!
Oh goody! We can freeze while we starve. Thanks Obiden, you big POS!