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NYPSC Approves $14 Rate Hike Amid Affordability Concerns

8/15/2025

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Summary

Story summary

The New York Public Service Commission approved a $14 monthly rate hike for National Grid, effective September.
This increase will total $25 over three years and fund $1.4 billion in infrastructure improvements.
Critics, including AARP, express concerns that many customers may struggle to afford these hikes due to rising living costs.

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Story summary

The New York Public Service Commission approved a $14 monthly rate hike for National Grid, effective September.
This increase will total $25 over three years and fund $1.4 billion in infrastructure improvements.
Critics, including AARP, express concerns that many customers may struggle to afford these hikes due to rising living costs.