National Grid Seeks to Freeze Gas Delivery Rates Through 2028

National Grid is looking to give customers a break. The company—which delivers electricity and natural gas to more than 20 million people across New York and Massachusetts—has filed a proposal with the New York State Public Service Commission (PSC) to freeze gas delivery rates for nearly two million customers in New York City and on Long Island.

If approved, current delivery rates would stay in place for an extra year—through March 31, 2028—offering added stability at a time when many households and businesses are feeling the strain of higher costs.

What this means for NYC and Long Island customers:

Gas delivery rates frozen through March 31, 2028 (if approved)
Cost stability
Relief following a winter of record natural gas demand

The proposal is designed to help customers manage energy bills while maintaining reliable service.

What continues under the proposal:

Energy efficiency programs
Affordability initiatives
Multilingual customer support
Protections during extreme weather

It also maintains investments aligned with New York’s climate goals, including emissions reduction programs and support for disadvantaged communities

“With so many households and businesses across New York City and Long Island facing the pressures of inflation and a rising cost of living, we identified an opportunity to provide meaningful financial relief for our customers by freezing our gas delivery rates until 2028,” said Sally Librera, President of National Grid New York.

The proposal is now under review by the PSC, which will determine next steps.

Learn more about National Grid’s efforts to give customers a break.

via PoliticsNY