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Staying informed about National Grid is essential for customers for several reasons. One key reason is rate changes. National Grid frequently adjusts its electricity and natural gas rates due to market fluctuations, regulatory decisions, or infrastructure projects. By following the latest updates, both residential and business customers can better manage their energy expenses and plan for changes in their monthly utility bills.

National Grid adjusts its electric rates for residential and small business customers twice a year, with changes taking effect on February 1 and August 1.

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Another important aspect of keeping up with National Grid news is service reliability and outage updates. The company provides timely information on scheduled maintenance, power outages, and restoration efforts, especially during extreme weather conditions. Staying updated helps customers prepare for potential service disruptions and know when power is expected to be restored. Additionally, National Grid promotes various energy efficiency programs and rebate opportunities that encourage customers to adopt energy-efficient appliances and sustainable practices. Reading the news allows customers to take advantage of these initiatives to reduce their energy usage, save money, and support environmental sustainability.

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National Grid, a prominent energy provider in New York, offers commercial electricity services across various deregulated markets. This article provides an overview of current commercial electricity rates, historical trends, and future projections, along with insights into National Grid's corporate profile and stock performance.

Past Commercial Electricity Rates

As of November 2024, National Grid's commercial electricity rates in New York are structured based on service classifications and load zones. For Small General Service (SC-2) customers, the rates are as follows:

  • Basic Service Charge: $21.02 per month
  • Delivery Charge: 8.685¢ per kWh
  • Electric Supply Charge: Varies monthly based on market conditions and load zone

For Large General Service (SC-3) customers with demands exceeding 100 kW, the rates include:

  • Customer Charge: Ranges from $675.00 to $1,150.00 per month, depending on voltage level
  • Delivery Charge: Varies per kW and voltage level
  • Electric Supply Charge: Varies monthly based on market conditions and load zone

These rates are subject to additional charges such as the System Benefits Charge, Earnings Adjustment Mechanism, and Transmission Revenue Adjustment. Detailed rate information is available on National Grid's official website.

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Historical Commercial Electricity Rates

Over the past five years, National Grid's commercial electricity rates have experienced fluctuations influenced by market dynamics, regulatory changes, and infrastructure investments. The following chart illustrates the average delivery and supply charges for SC-2 customers from 2019 to 2024:

Year Delivery Charge (¢/kWh) Supply Charge (¢/kWh)
2019 7.50 5.20
2020 7.60 5.50
2021 7.70 6.00
2022 8.00 6.50
2023 8.50 7.00
2024 8.685 7.50

Note: Supply charges are approximate averages and can vary monthly based on market conditions.

national grid past history

Commercial Electricity Rates in Key New York Cities

National Grid serves numerous cities and towns across New York. In deregulated markets, commercial customers have the option to choose their energy supplier, which can affect the supply portion of their bill. The following table lists 20 prominent cities within National Grid's service area, along with their respective delivery charges for SC-2 customers:

City/Town Delivery Charge (¢/kWh)
Albany 8.685
Syracuse 8.685
Buffalo 8.685
Rochester 8.685
Binghamton 8.685
Schenectady 8.685
Utica 8.685
Troy 8.685
Niagara Falls 8.685
White Plains 8.685
Poughkeepsie 8.685
Kingston 8.685
Saratoga Springs 8.685
Rome 8.685
Auburn 8.685
Cortland 8.685
Glens Falls 8.685
Elmira 8.685
Watertown 8.685
Newburgh 8.685

Note: Delivery charges are consistent across National Grid's service area; however, supply charges may vary based on the chosen energy supplier.

National Grid Corporate Profile and Stock Information

National Grid plc is headquartered in London, United Kingdom, and operates extensively in the United States, particularly in the Northeast. The company's stock is traded on the New York Stock Exchange under the ticker symbol NGG. As of November 12, 2024, NGG is trading at $63.17 per share, reflecting a slight decrease of 0.97% from the previous close.

Future Outlook for Commercial Electricity Rates

Looking ahead, National Grid anticipates adjustments in commercial electricity rates influenced by factors such as infrastructure investments, regulatory mandates, and market conditions. The company's recent rate case filing with the New York State Public Service Commission proposes new electric and gas rates to support a smarter, stronger, and cleaner energy system, with potential implementation in Spring 2025.

The following graph projects the potential trend in average delivery charges for SC-2 customers over the next five years:

Insert Graph: Projected Delivery Charges for SC-2 Customers (2025-2029)

Note: This projection is based on current proposals and market trends; actual rates may vary.

national grid future pricing

Today National Grid's commercial electricity rates in New York are subject to various factors, including regulatory decisions, market dynamics, and infrastructure needs. Commercial customers are encouraged to stay informed about rate changes and consider energy efficiency programs offered by National Grid to manage their energy costs effectively.

For the most accurate and up-to-date information, businesses should consult National Grid's official communications and filings with the New York State Public Service Commission.

National Grid and Your Business Energy Bill - Why It Pays to Shop for a Better Electricity Supplier

If your business operates in New York or Massachusetts, there’s a good chance National Grid delivers your electricity. But what many business owners don’t realize is this: you don’t have to buy your electricity supply from National Grid.

Thanks to electricity deregulation, commercial customers can choose from licensed third-party electricity suppliers often locking in lower rates, better terms, and long-term savings. In this article, we’ll explore who National Grid is, how electricity billing works, and how switching suppliers could benefit your bottom line.

What Is National Grid?

National Grid USA is one of the largest utility companies in the Northeast, delivering electricity and natural gas to over 20 million people across New York and Massachusetts. National Grid is responsible for maintaining the infrastructure poles, wires, transformers that bring power to homes and businesses.

But when it comes to the supply of electricity, National Grid is just one option. Business customers in deregulated markets can choose a third-party electricity supplier and only pay National Grid for delivery.

Understanding Your Business Electricity Bill

Your National Grid electricity bill has two major components:

Charge Type Who Controls It Description
Delivery Charges National Grid (Regulated) Covers maintenance, repairs, and infrastructure costs
Supply Charges You (Deregulated Market) Cost of the electricity you consume (kWh rate)

Why Businesses Are Switching

Thousands of commercial customers in National Grid territory are choosing third-party electricity suppliers for:

  • Cost Savings

  • Stability Against Rate Hikes

  • Custom Contract Terms

  • Sustainability Goals

  • Improved Energy Purchasing Strategy

And here’s the best part: National Grid still maintains your service. Even if you switch suppliers, National Grid is responsible for outage repairs, meter readings, and infrastructure reliability.

Recent Developments You Should Know

National Grid has been in the news recently for:

  • 💰 Proposing a $673 million rate increase in New York, which could raise monthly business bills significantly

  • ⚠️ Billing issues in Massachusetts, delaying and overcharging thousands of customers

  • 🏛️ Regulatory pressure from state officials and consumer watchdogs

These events highlight the importance of managing your supply rate independently, especially as delivery charges climb.

What About Green Energy?

National Grid supports clean energy programs, but if your business wants to go 100% renewable, third-party suppliers offer:

  • 🌿 Green Energy Plans

  • ♻️ Renewable Energy Certificates (RECs)

  • 🔋 Options for solar, wind, or hydro-electric sourcing

This helps businesses meet ESG benchmarks and improve public sustainability commitments.

How to Switch from National Grid’s Supply

Switching is simple, fast, and risk-free:

  1. Get a copy of your recent electricity bill.

  2. Compare rates from competitive suppliers.

  3. Choose a plan that fits your usage and goals.

  4. Sign the agreement.

  5. Your new rate appears on your National Grid bill.

No disruptions. No change in delivery. Just savings.

Real Business Example

A manufacturing plant in Albany, NY using 80,000 kWh per month switched from National Grid’s variable supply rate to a 3-year fixed contract with a supplier. They saved over $3,000 per month, totaling more than $108,000 over the contract term with no change to service quality.

Final Thoughts: Is It Time to Leave National Grid’s Supply Rate?

If you’re a business owner served by National Grid, you’re paying for a service you don’t have to overpay for. National Grid’s supply rate is not your only option and likely not your cheapest.

By shopping suppliers, you can:

  • Lock in lower rates

  • Protect your budget from rate increases

  • Access green energy and better contract terms

  • Keep National Grid’s reliable service and infrastructure

Take the Next Step: Compare Your Supply Options

Let Bid On Energy help your business secure better commercial electricity rates in the National Grid service area.

📞 Call: (302) 360-8110
📧 Email: Support@BidOnEnergy.org
🌐 Visit: https://BidOnEnergy.org

Get your free quote today. No obligation, just the opportunity to save.

Remember: National Grid delivers your power.
You decide who supplies it.
Make the smart choice and put your business back in control of its energy costs.

⚡ Who Is National Grid?

National Grid is a major investor-owned utility operating in the U.S., serving more than 20 million customers across New York and Massachusetts . Unlike UI, which is purely a delivery utility, National Grid handles both electricity and natural gas distribution and transmission in these regions .

🛠️ Delivery vs. Supply: What National Grid Covers

  • Delivery (Regulated): National Grid operates the electrical infrastructure poles, wires, substations and handles outages, maintenance, and meter services.

  • Supply (Choice in Deregulated Markets): The actual electricity you consume can be purchased from competitive suppliers, though National Grid continues to manage delivery

🏙️ Service Areas & Scale

  • New York (upstate and parts of NYC region)

  • Massachusetts

  • Also active in the UK, though U.S. operations are our focus

🔍 Why Businesses Should Compare Suppliers

  • If you're on National Grid’s default or standard supply rate, you’re exposed to market fluctuations and higher spot prices.

  • Opting for competitive suppliers can offer:

    • Lower fixed rates over 12–36 months

    • Budget stability amid volatile markets

    • Green energy options aligned with ESG goals

🛑 Notable Issues & Regulatory Pressure

  • Billing Errors: Thousands faced delayed billing in Massachusetts, prompting public scrutiny and state investigations

  • Interconnection Delays: Solar developers in Massachusetts cite slow grid connections, raising project costs

  • Fraud & Whistleblower Case: In New York, National Grid responded to a $6 million settlement over false invoice claims cash went toward low-income energy programs

  • Investigations Over Misfiled Invoices: Rhode Island regulators are probing past energy-efficiency program billing issues

Such issues highlight that while delivery charges are fixed, your business’s supply cost is negotiable and potentially much lower.

🌿 Green & Innovation Initiatives

  • Clean energy integration: National Grid U.S. invests in smart grid technologies and renewable connections

  • Grid modernization: They've acknowledged outdated systems are holding back battery and renewable efficiency, working to upgrade infrastructure

This signals a move toward cleaner, more resilient energy but again, your power supply options may offer greener packages.

🧭 What It Means for Your Business

  1. Delivery is Non-Negotiable
    National Grid will always handle poles, wires, and meters. You can’t replace them.

  2. Supply Is Your Choice
    Opting out of the default supply rate and seeking competitive plans can significantly reduce your expenses.

  3. Budget with Confidence
    Fixed-rate contracts from alternate suppliers provide cost predictability and reduce exposure to market swings.

  4. Go Green, on Your Terms
    Third-party suppliers often offer tailored green energy and Renewable Energy Certificates (RECs), which can enhance your sustainability credentials.

📊 Recent Rate-Related Developments

  • In New York, National Grid is seeking a $673 million increase in delivery rates, which could raise combined gas and electric bills by around $37/month for customers—final decisions are pending in rate proceedings around August 2025

  • In Massachusetts, billing failures triggered DPU interventions, limiting collection of delinquent charges and drawing regulatory scrutiny

✅ Next Steps for Your Business

  • Get your current National Grid bill to compare your supply rate.

  • Request quotes from certified electricity suppliers consider different contract lengths and green options.

  • Evaluate proposals based on:

    • Price per kWh

    • Contract term

    • Green / REC content

    • Billing format (one-bill vs. dual billing)

  • Switch without risk: Your delivery service remains with National Grid, so switching suppliers is seamless and uninterrupted.

📝 Final Takeaway

National Grid ensures your electricity is delivered reliably but you control how much you pay for the power itself. With rising rates, billing errors, and market volatility, now is a smart time to explore alternative supply contracts for:

  • Lower long-term rates

  • Predictable budgeting

  • Green energy alignment

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