Massachusetts winter natural gas rates will decrease
We recently filed winter natural gas rates with the Massachusetts Dept. of Public Utilities (DPU) – here’s what you need to know.
- If approved by the DPU, natural gas prices will go down compared to where they were last year.
- Starting in November, a typical residential natural gas customer could see a decrease in monthly bills between $5 and $7 (down 3-4% from last year).
- Our rates are lower this year because we’re anticipating the price of natural gas to drop, and because we have a credit that reconciles the cost difference between gas we purchased last year and the amount for which we billed.
- At the same time, there’s been increase in the cost of some services provided by National Grid, such as energy efficiency programs and gas system enhancements, which have off-set deeper discounts.
There are many ways that we can encourage customers to save money during the winter, like making their homes and businesses more energy efficient or participating in balanced billing. Please visit www.ngrid.com/billhelp to learn more.