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Stock impact report

New automatic discounts on utility bills will help some Massachusetts residents save big, governor says [CBS News]

National Grid Transco, PLC National Grid PLC (NEW) American Depositary Shares (NGG) 
US:NYSE Investor Relations: investors.nationalgrid.com
Company Research Source: CBS News
Healey said "hundreds of thousands of residents" who have MassHealth, SNAP benefits, Transitional Aid to Families with Dependent Children or Emergency Aid to the Elderly, Disabled, and Children are eligible. The agreement with National Grid, Eversource, Unitil, Liberty, Berkshire Gas will help them save an average of $460 a year on gas and up to $1,058 annually on electricity, according to the state. Agreement to deliver "significant savings" "Far too many Massachusetts residents struggle to cover the high costs of gas and electric bills, especially as we head into the winter months," Healey said in a statement. "We are proud to deliver this landmark agreement that will automatically deliver significant savings for hundreds of thousands of households across the state." The state says this means those customers will get discounts "without individuals having to submit additional paperwork." For eligible National Grid customers, it could mean savings of nearly 71% when a tiered disc Show less Read more
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