National Grid’s winter energy price hikes meant that the average monthly electric bill will went up by 64% and the average monthly natural gas bill increased by 24%.
Why are Massachusetts electric, gas rates rising?
"National Grid buys electricity on behalf of its customers from the wholesale power market through a regulatory approved process established 20 years ago. That process has served customers well over the years and provides flexibility for unforeseen events, like limited supplier response to solicitations. But things have fundamentally changed,” Helen Burt, the company's chief customer officer, said in a statement.
"We file electric base service rates twice per year with the DPU," company spokesman Chris McKinnon said."Our last change was on July 1, 2022 and our next change will be January 1, 2023, which we will be filing for in the coming months."Eversource announced in July that electric rates would be doubling for many residentsEversource did announce Wednesday that it has submitted a proposal to the Department of Public Utilities seeking to raise its natural gas rates.
National Grid said it will be reaching out to customers to inform them of the Winter Customer Savings Initiative using multiple communications channels and through in-person Customer Energy Savings events being held across Massachusetts.
Danmark Seneste Nyt, Danmark Overskrifter
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Mass. Residents Shocked By Hike in Utility BillsBoston area utilities customers had a big surprise in the last couple days — a huge bill following the rate hikes from last month. National Grid’s winter energy price hikes meant that the average monthly electric bill will went up by 64% and the average monthly natural gas bill increased by 24%. Eversource electricity customers saw increases between 19% and…
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