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National Grid says it didn’t overcharge

PSC audit suggests New York customers paid $44M too much

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National Grid agreed to implement new internal cost controlling measures recommended in a recent Public Service Commission audit, but disputes a finding suggesting New York customers were overcharged by $44 million as a result of faulty accounting practices. The five-member commission gave National Grid 45 days to institute a series of 10 recommendations aimed at streamlining its accounting processes. In addition, the commission launched a new proceeding aimed at determining how much National Grid customers ...


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