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National Grid’s Rate Adjustments to Raise Rhode Island Residential Bills by 1.7 Percent

The Rhode Island Public Utilities Commission on Nov. 19 approved National Grid plc’s proposed rate adjustments stemming from reconciliations for various costs for the one-year period from January 2016 through December 2016. The company said that the overall impact of the changes will result in an increase of $1.57, or about 1.7 percent increase in a typical monthly residential bill. The retail rate changes, filed last March, include annual reconciliations for the company’s standard offer service and administrative costs for the service, non-bypassable transition charge, transmission service charge, transmission-related uncollectible expense, net metering charge, and the long-term contracting for renewable energy recovery factor. The commission also approved the company’s 2017 renewable energy standard charge. The rates are effective April 1, 2017.

November 19, 2018
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