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National Grid Electricity Users in NY Get Rate Cut

http://stream.publicbroadcasting.net/production/mp3/wamc/local-wamc-997352.mp3

Albany, NY – National Grid's electricity customers in upstate New York will see cuts in their bills next year after regulators approved a reduction in what the utility charges to deliver power. WAMC's Dave Lucas has more...

The State Public Service Commission says Thursday that residential customers will see an average 6 percent drop and some business customers will see cuts as much as 23 percent. The savings will be driven by an 11 percent cut in residential delivery charges and 44 percent for some businesses.

The PSC says that will mean $429 million in savings for 1.6 million mostly residential customers.

A residential customer using 500 kilowatt hours of electricity can expect their total bill to drop from $80 to $74.

Dave Lucas, WAMC News.

Copyright 2011 The Associated Press. All Rights Reserved.