Governor’s Raimondo Statement on National Grid’s Lowered Rate Filing

PROVIDENCE, RI – Governor Gina M. Raimondo released the following statement on National Grid’s recalculated rate filing:

«I’m pleased that National Grid is responding to my call to protect Rhode Island ratepayers, in light of federal tax changes that slash the corporate tax rate from 35 percent to 21 percent. National Grid sets aside a percentage of the money Rhode Islanders pay for electricity and gas to pay its taxes; those are the ratepayers’ dollars. Rhode Islanders deserve to get significant relief on their energy bills as a result of the massive tax cut that the President and Congress have given to large corporations like National Grid.»