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Mass. holds hearings on National Grid rate hikes
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BOSTON - The Massachusetts Department of Public Utilities is hosting a series of public hearings this week on proposed rate hikes by National Grid.
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.
Attorney General Martha Coakley opposes the hike, which she said would result in a 5.5 percent increase in the typical residential customer's monthly bill.
Coakley calls the increase "excessive and harmful" to customers.
The first public hearing is Tuesday evening at Nantucket High School. Subsequent hearings will be held in Worcester, Andover, Quincy and North Adams.
Copyright 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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