National Grid has submitted a plan that'll have both gas and electric customers reaching deeper into their wallets to pay for service.
If approved by the Public Service Commission, the rate hike would increase the average residential electric bill by about 2% over the next three years. As for gas customers, they'd be paying an average of 2% more in the first year and 3 % more in years two and three. National Grid delayed its previous rate increase request because of the COVID-19 crisis but has been negotiating this one with the state for 11 months. The new rates would go into effect January 1st.