Massachusetts Regulators Slash National Grid’s Rate Request, Reject $166 Million EV Plan
The Massachusetts Department of Public Utilities issued a final order on Oct. 7 approving National Grid’s electric rate request, with a $41.8 million or 32 percent cut to the company’s original application for a $132.2 million hike. Regulators also approved performance-based ratemaking proposals, storm cost recovery and a limited part of the company’s aggressive electric vehicle…