National Grid files three-year rate plan for upstate New York
Niagara Mohawk Power Corporation (NIMO), which serves 1.7 million electric and 600,000 gas customers, represents around 15% of National Grid's regulated asset base. If the proposed plan is approved, residential electricity customers using an average of 625 kilowatt-hours (kWh) per month would see monthly bills rise by $14.32 in the first year, $6.44 in the second, and $4.34 in the third. Residential natural gas customers using an average of 78 therms per month would see monthly bills rise by $7.66 in the first year, $8.08 in the second, and $9.18 in the third, the company said.