Close Menu
Invest Insider News
    Facebook X (Twitter) Instagram
    Wednesday, June 24
    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

    Global utilities unite to tackle clean energy supply chain bottlenecks

    June 23, 2026
    Utilities

    A Modernized Power Grid: Why A New Approach To Utilities Planning Is Key

    June 18, 2026
    Utilities

    Utilities Stocks Plunge, Yet the Outlook Remains Positive with the Data Center Boom

    June 17, 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
    Stock Market

    US Stock Market Today | Dow Jones | Nasdaq Highlights: US stocks close mixed amid signs of progress in Iran war de-escalation

    April 7, 2026
    Bitcoin

    Michael Saylor, Crypto Executives Meet to Push for Strategic Bitcoin Reserve Bill

    September 16, 2025
    Utilities

    Utilities Want to Regain the Ability to Build Power Plants in PJM. Consumer Advocates Say That’s Probably a Bad Idea

    August 19, 2025
    What's Hot

    Why Is Crypto Crashing? Bitcoin, XRP, Ethereum, and Solana All Down This Week

    March 28, 2026

    Goldilocks CPI Unleashes a Global Risk-On Stampede

    August 13, 2025

    Le bitcoin bat un nouveau record peu avant l’investiture de Donald Trump

    January 19, 2025
    Most Popular

    JLR targets double-digit revenue growth over medium term By Investing.com

    June 17, 2026

    Davis Commodities Announces Issuance of New Shares Amounting to USD 30 Million

    March 24, 2025

    Saylor and El Salvador’s Bukele Mark Bitcoin Day With Bold Bets

    September 7, 2025
    Editor's Picks

    Bitcoin, Ethereum, Ripple – BTC, ETH and XRP extend correction as bearish pressure persists

    January 20, 2026

    Households warned over summer habit that could cause long-term property damage

    June 12, 2026

    Exposition au bitcoin ou déguisement de la fiat? Les sociétés de trésorerie divisent la communauté cryptographique

    July 7, 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.