Massachusetts

National Grid’s Massachusetts utilities submit clean energy investment plan

Published

on


Electric power transmission pylon miniatures and National Grid logo are seen in this illustration taken, December 9, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing Rights

Nov 17 (Reuters) – National Grid (NG.L) said on Friday its two utility firms in Massachusetts have submitted an investment plan to authorities in the U.S. state as part of the group’s transition to cleaner energy.

If approved, the plan filed by Massachusetts Electric Co and Nantucket Electric Co would see a $4.86 increase in monthly bill for a residential customer with usage of 600 kilowatt hours per month over the five-year investment period, National Grid said in a statement.

Reporting by Aby Jose Koilparambil in Bengaluru

Advertisement

Our Standards: The Thomson Reuters Trust Principles.

Acquire Licensing Rights, opens new tab



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Trending

Exit mobile version