BARNSTABLE – National Grid customers in Massachusetts could see a reduction in their natural gas rates if a request with the Department of Public Utilities is approved.
The company is looking to cut its distribution rate by $36 million, from $87 million to $51 million. National Grid says the request comes in the wake of the federal tax reform.
“We are committed to ensuring that the tax savings of the legislation are fully realized and are used to help our customers in their energy bills,” said Cordi O’Hara, the President and COO of National Grid in Massachusetts. “We’ll continue to seek opportunities to provide this benefit to all our customers.
It’s not yet known how customers’ bills would be affected. The company says the reduction will vary across customer usage and rate classes.
National Grid is the natural gas provider for Cape Cod. The company’s system serves 908,000 customers in Massachusetts.
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