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Hearings slated on National Grid rate change

Thursday, January 3, 2013
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— A series of hearings will be held next week for the public to comment on a National Grid proposal to change its gas and electric charges.

The New York State Public Service Commission announced Thursday it would hold the hearings on the three-year rate plan, which was first proposed in April 2012.

National Grid first proposed to increase annual electric delivery rates by $145.4 million, or 5.6 percent of total electric bills, and annual gas delivery rates by $29 million, or 4.8 percent of total gas bills. An expiring $190 million surcharge and customer credits would decrease electric bills by 1.7 percent, but increase gas bills by 2.4 percent.

Have your say

In addition to formal hearings, comments on the National Grid rate plan can be:

• Emailed to secretary@dps.ny.gov.

• Phoned in to the Commission’s opinion line at 1-800-335-2120.

• Mailed to Hon. Jeffrey C. Cohen, acting secretary of the Public Service Commission, at 3 Empire State Plaza in Albany.

The state Public Service Department investigated the initial proposal, as well as a joint proposal submitted by National Grid and other parties in December. The second proposal called for rates to be set for three years, with electric revenue requirement increases of $43.39 million in the first year, $51.36 million in the second year and $28.34 million in the third year.

The expiring surcharge and proposed use of customer credits would reduce overall electric revenues by 6.2 percent in the first year and increase them by 1.9 percent in the second and third years.

Gas revenue would decrease by $3.29 million in the first year, but increase by $5.85 million in the second year and $6.26 million in the third year. Overall gas revenues would decrease by 4.3 percent in the first year, but increase 2.9 percent in the second and third years.

The first public hearing will be held from 3:30 to 6:30 p.m. Tuesday in the McChesney Room at the main branch of the Schenectady County Public Library. Four more hearings will be held Thursday across Central and Western New York.

 
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