National Grid Reaches Joint Proposal with Multiple Interested Parties on Rate Plan to Build Better Energy Future for Downstate New York

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BROOKLYN – National Grid announced today that the company has reached an agreement on a three-year rate plan proposal in its ongoing rate case proceeding. In line with National Grid’s commitment to building a stronger, smarter, cleaner energy system in New York, the joint proposal includes critical improvements to support the state’s clean energy goals, ensure reliable and safe operation of the distribution networks, and expand and enhance programs that support National Grid’s customers in New York City and on Long Island, with a focus on programs designed to assist its most vulnerable customers.

Throughout the process, National Grid has engaged in an open and transparent public engagement process including responding to more than 1,600 information requests and participating in eight public statement hearings both virtually and in person. The joint proposal submitted today was developed in response to significant feedback…

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