Warwick, RI – On December 21, 2017, the day after the Republican Congress passed tax reform, the Rhode Island Public Utilities Commission requested that National Grid lowers its rate increase to reflect the impact of tax reform. Today, National Grid is lowering its proposed rate increase by $26 million, a decrease of about 33 percent.
Rhode Island Republican Party Chairman Brandon S. Bell commented: “Lt. Governor Dan McKee, Governor Raimondo and all the Rhode Island Democrats who opposed tax reform deserve ZERO credit for this rate reduction. They didn’t even call on Grid to lower their rate increase because of tax reform until after the PUC made its request to the National Grid. Instead of sending out silly statements claiming credit in some way for this rate reduction, they should just say thank you to the Republican Congress and President Trump for tax reform and admit that there will benefits to Rhode Islanders from tax reform.”