Blue Mass Group

Reality-based commentary on politics.

National Grid wants more money.

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The cost of electricity and it’s transmission is already way over the top.  


from wggb.com

The largest electric utility in Massachusetts wants to use the extra $111 million in revenue to upgrade its electrical distribution system and cover a large amount of unpaid customers bills.

This is what they currently charge (all per kWh except Customer Charge)  The customer charge is relatively new.  These charges do not include the cost of electicity, which is currently .09714 per kWh.

Rates for Delivery Service

Customer Charge $6.30/month

Distribution Charge 2.548¢/kWh

Transmission Charge 1.602¢/kWh

Transition Charge 0.119¢/kWh

Demand Side Management Charge 0.250¢/kWh

Renewables Charge 0.050¢/kWh

How about we ask them to cut their costs instead of allowing them to continue to pillage the people who have no choice but use this company?    

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Comments

    • charges higher by approx. 2 cents.  That’s significant when
      your talking per kWh.

    • for delivery? So with the cost of electicity, you’re paying 17+ cent/kWh. That’s outrageous.

      <

      p>Thanks for the insight, but not making me feel better about National Grid rates.  These companies are making  comfortable if not ridiculous profits(didn’t check Unitil or NStar, just assuming), they can cut the consumer a little slack, at least for now, until the economy improves.

  3. According to U.S. government, electrical prices in MA are slightly below the New England average. With the exception of New York, all the areas serviced by NGrid electric have rates below the area average.
    Source

    <

    p>Readers here may also want to know about the low-income rates available from NGRID:
    Source

    <

    p>And their efficiency programs:
    Source

    • Well, gee, we’re below the average so we have no right to complain.  Well what if the average is too high?

      <

      p>According to the company description, the Northeast provides most of the companies revenue, even while they provide service to the entire UK.  

      <

      p>

      NATIONAL GRID PLC Company Description
      …it is the company’s Northeastern US gas distibution and power generation, transmission, and distribution operations, led by National Grid USA, that brings in the bulk of the company’s revenues.
      Steve Holliday
      CEO

      <

      p>Also, let’s here it for a company doing well, and wanting to do even better.  And let’s do this by taking more from the middle class.  After all, the middle class is heading straight for “crash and burn”, let’s just get to them before it happens.

      <

      p>

      Preliminary results for the year ended 31 March 2009
      Steve Holliday, Chief Executive, said:
      “We have delivered over the year a strong financial and operational performance. Operating profit increased by 12%, pro forma earnings per share increased by 14% and we are recommending an 8% increase in our dividend per share. Operationally we remain focused on our investment plans and driving further efficiency. I am delighted that we exceeded the $100m targeted run rate of synergies from KeySpan.

      “These results are excellent and show that, even in these difficult economic times, National Grid’s lowrisk business model is robust. We have had a good start to 2009/10 and are confident that it will be another strong year for us”.

      <

      p>More info…NATIONAL GRID PLC Income Statement

      <

      p>Oh, P.S.

      <

      p>*Low income rates do not help the middle class.

      <

      p>*You know, the funny thing about efficiency programs, they don’t seem to put a dent in usage, at least in my household. I have taken manys steps to be energy efficient, my usage never budges. Huh! Puzzling!

    • even though NatGrid will still do the delivery. For instance. That doesn’t affect NatGrid’s various Transition, Transmission, Translation, Transgender, Transcendental and Transmigration charges, but it can lower the cost of the power itself.

  4. One of the smartest ides from the O’Reilly campaign was an emphasis on locally based and locally owned energy producers.  My municipal energy company is responsive (never lost power for more than 10 minutes), economical (cheaper than any of these companies), and focused on customers, not shareholders.

    • That was one of my favorite proposals. And it just makes so much sense.

      <

      p>This used to be on Ed O’reilly website, I don’t have a link.

      <

      p>

      The Renew America Plan

      There are over 2,000 municipally owned electric companies all across America and 40 in Massachusetts alone. The municipal power company model is not based upon profit, but rather on returning investments into the local community. Ed believes we must use this model to develop renewable energy companies on a local or regional level throughout America. Using this model, renewable energy companies would be locally controlled, renewable energy projects community initiated, and the profits from such projects reinvested in our public schools, public safety departments and public works projects.

      <

      p>So how did your municipal energy company come to be?  Who was the driving force behind it?  Is there a website?

  5. They want the people who actually pay their taxes mortgages utility bills to pay for the customer who won’t pay theirs!!!!! How about we shut off the service of the people not paying. I’m sure Barney Frank will come up with a plan to have the productive members of society pay for the slackers (Utility welfare).

    • Assuming that people intentionally milk the system (and maybe some do).  However, I’m pretty sure there are laws preventing such a draconian shut off.  You want electricity shut off to the elderly person struggling to pay the bill, but who needs an electric powered oxygen tank to breathe?  That could be deadly!  Of course we could just go straight public utility with this covered by taxes and the whole point would be moot.

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