Close Menu
Invest Insider News
    Facebook X (Twitter) Instagram
    Wednesday, April 15
    Facebook X (Twitter) Instagram Pinterest Vimeo
    Invest Insider News
    • Home
    • Bitcoin
    • Commodities
    • Finance
    • Investing
    • Property
    • Stock Market
    • Utilities
    Invest Insider News
    Home»Utilities»Utility watchdog groups protest National Grid’s proposed rate hikes
    Utilities

    Utility watchdog groups protest National Grid’s proposed rate hikes

    August 16, 20241 Min Read


    Utility watchdog groups in Syracuse and across the state Thursday rallied against National Grid’s rate hike proposal. More than a dozen people gathered in front of the company’s downtown headquarters to drive home their point. The Public Service Commission has been considering the plan since it was first introduced in late May. Ethan Gormley with Citizen Action-New York says it’s not a small request.

    “We’re talking about the largest [increase] National Grid has gone after in decades, Gormley said. “For the typical household, it amounts to over $30 more per month. That’s if they’re doing electric and gas. In total, that’s over $400 per year. I don’t need to tell you that of a family living paycheck to paycheck or someone on a fixed income, they can’t afford them.”

    Gormley also criticized National Grid’s plans to use the additional revenue to invest in gas infrastructure, which he says contributes to climate change. The groups say the company should move away from fossil fuels and instead invest in renewable energy sources.





    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleTop Analysts Scoring Methodology Explained
    Next Article New house sales slump amid property crisis in China – ThePrint – ANIFeed

    Related Posts

    Utilities

    US utilities plan to spend $1.4 trillion by 2030 to power the AI boom

    April 15, 2026
    Utilities

    These are the 5 best Mac utilities I found in 2026, and you should give them a try too

    April 14, 2026
    Utilities

    Utilities Stocks Keep Rallying as Investors Bet on Power Demand Growth

    April 13, 2026
    Leave A Reply Cancel Reply

    Top Posts

    How is the UK Commercial Property Market Performing?

    December 31, 2000

    How much are they in different states across the US?

    December 31, 2000

    A Guide To Becoming A Property Developer

    December 31, 2000
    Stay In Touch
    • Facebook
    • YouTube
    • TikTok
    • WhatsApp
    • Twitter
    • Instagram
    Latest Reviews
    Property

    Mansion tax critic Nigel Farage’s Reform MPs face being hit by the new property duty

    November 30, 2025
    Stock Market

    Live updates: Global markets plunge on Trump’s tariff turmoil

    April 7, 2025
    Stock Market

    The Stock Market Is Flashing a Warning Last Seen Decades Ago, and the Federal Reserve Just Made President Trump’s Tariffs Even Riskier. Here Is What History Says Could Happen Next.

    December 30, 2025
    What's Hot

    European natural gas prices fall as investors assess potential U.S. Iran war exit By Investing.com

    March 31, 2026

    Stock Market Today: Dow Sinks 500 Points; Trump Announces 25% Tariffs on Japan, South Korea — Live Updates – WSJ

    July 7, 2025

    Ice Cubed Property Finance buys Specialist Property Finance

    November 24, 2025
    Most Popular

    Trump’s Howell campaign stop may have broken campaign finance law

    August 23, 2024

    Abaxx Commodity Futures Exchange and Clearinghouse Selects

    July 16, 2024

    UK Investors Can Now Stake Bitcoin on the LSE as Valour Launches New ETP

    September 18, 2025
    Editor's Picks

    IIFL Finance ₹500 crore NCD base issue fully subscribed within hours of opening

    February 17, 2026

    Buyers sense a new property market advantage as record homes flood UK market

    March 17, 2025

    Cobalt Holdings drops London IPO plans

    June 4, 2025
    Facebook X (Twitter) Instagram Pinterest Vimeo
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions
    © 2026 Invest Insider News

    Type above and press Enter to search. Press Esc to cancel.