WALTHAM, Mass. (WPRI) — National Grid says its customers in Massachusetts can expect to see lower bills starting next month.
If new supply rates are approved by the Massachusetts Department of Public Utilities, the company says customers should see their bills drop by an average of 23%. That comes out to about a $25 savings. On May 1, the current rate of 13 cents per kWh could be reduced to 8 cents per kWh.
“As we emerge again from winter, a season that consistently brings us higher energy prices, we are pleased that our customers can look forward to lower bills,” said Marcy Reed, president of National Grid in Massachusetts. “We are committed to pursuing solutions that help stabilize energy costs for our customers, regardless of the season.”
National Grid says New England still has energy issues the region has to deal with. Pipeline infrastructure constraints have limited the amount of natural gas available for electricity generation, which has impacted rates. National Grid warns the ongoing issue could cause prices to rise again next winter.