TROY, N.Y. >> Local customers had the opportunity to voice their opinions about a proposed rate hike by National Grid at two public meetings on Tuesday.
A information session and public statement hearing was held Tuesday evening at the Hilton Garden Inn in Troy, where about two dozen community members came out to listen, ask questions and comment on the rate proposal put forward by National Grid. If approved by the state’s Public Service Commission, this would increase the cost of energy delivery services paid by all customers.
Earlier on Tuesday, another presentation and public statement hearing was held in Schenectady, and more are scheduled to take place in coming days in Lake Placid, Syracuse and Buffalo.
At the Troy event, attendees learned from National Grid representatives that delivery prices have remained stable for more than a decade, while the company has invested billions in electricity and gas infrastructure and systems.
National Grid’s manager of community and customer management Michael DiAcetis explained the two components of a monthly energy bill: energy supply, which is determined by market price, and energy delivery, which reflects the company’s costs to operate, maintain, grow and modernize its distribution system.
The latter fee is regulated by the Public Service Commission.
In late April, Niagara Mohawk Power Corporation d/b/a National Grid requested that the commission approve a proposed increase in its electric and gas delivery service rates, the cost to transport the electricity or gas…
click here to read more.