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NGRID Increase- 13% above Competitive Market

November 14, 2011

National Grid has filed its new rates with Mass Dept of Public Utilities.  This rate filing is important in evaluating the value of contracting electricity in the state of Massachusetts.  While this summer, the rates were unusually low, fixed price contracts can benefit customers again.  The following rates were filed:

NEMA: G-2 and G-3

Fixed Price 11/1/2011 to 4/30/2012: 8.234¢

Variable: Nov 2011: 6.947¢, Dec 2011: 8.292¢, Jan 2012: 9.401¢

SEMA: G2 and G-3

Fixed Price 11/1/2011 to 4/30/2012: 8.074¢

Variable: Nov 2011: 7.060¢, Dec 2011: 8.715¢, Jan 2012: 8.394¢