Close Menu
Invest Insider News
    Facebook X (Twitter) Instagram
    Tuesday, July 7
    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

    United Utilities in hot water over £435k CEO allowance

    July 4, 2026
    Utilities

    AI is Driving Utilities to Spend a Record $240 Billion in 2026. Buy These Stocks to Capitalize on the Power Surge.

    July 4, 2026
    Utilities

    Utilities Up After Jobs Data – Utilities Roundup

    July 2, 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
    Utilities

    Portsmouth City Council support scheme to help with rising costs

    September 3, 2025
    Investing

    Middle East Turmoil Fuels Inflation Fears, Testing Fed’s Patience

    April 29, 2026
    Bitcoin

    AI Models Prefer Bitcoin Over Fiat and Stablecoins, Study Finds

    March 3, 2026
    What's Hot

    Bitcoin ETFs Post $506.5M In Inflows As BTC Rebounds

    February 26, 2026

    Binance to Convert $1B SAFU User Protection Fund Into Bitcoin Within 30 Days

    January 31, 2026

    Binance Sees $6 Billion Weekly Outflow as Bitcoin, Ethereum and Stablecoins Leave Exchange

    January 25, 2026
    Most Popular

    FTSE 100 today: Stocks rise as US-Iran deal hopes offset GDP dip By Investing.com

    June 12, 2026

    Motherwell emerges as UK’s property hotspot – Daily Business

    January 12, 2026

    Thailand clears plan to exit US intellectual property watchlist

    May 27, 2025
    Editor's Picks

    Nasdaq falls 4%, Dow loses 900 points, S&P 500 drops 3% as markets crumble with Trump’s tariff war turning to China

    April 10, 2025

    The U.S. Real Estate Market in Charts

    June 30, 2024

    BHP Group considered iron ore and coal divisions spin-off

    April 3, 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.