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No raise in electricity rate for at least 2 yrs

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Posted at 10:49 AM, May 23, 2016
and last updated 2016-05-24 10:39:32-04

Good news for National Grid customers.

National Grid’s prices for delivering electricity and natural gas to its upstate New York customers will be extended through 2018.

The company also will be increasing its capital investment in its electricity and natural gas networks over the next two years to approximately $1.3 billion, bringing total investment since 2013 to more than $3 billion. 

These investments are improving the safety and reliability of the networks, encouraging growth and enhancing storm resiliency. 

This investment also allows National Grid to continue its upstate economic development and energy efficiency programs that help support the regional economy and help consumers manage their energy usage.