National Grid increasing rates for Long Island, NYC customers this winter If you're a National Grid customer in New York City or on Long Island, it's going to cost more to heat with gas th...
National Grid Transco, PLC National Grid PLC (NEW) American Depositary Shares (NGG)
US:NYSE Investor Relations:
investors.nationalgrid.com
Company Research
Source: CBS News
This year, the utility delivered to inboxes what they call a "slight increase" – $33 more per month on average on Long Island – and that's just the start. In 2025, rates will rise by about $8 more per month, and in 2026, they'll go up about $19 more per month. Over the course of the three years, that's about $60 more per month, or $720 per year. National Grid says it's not due to natural gas prices; the $500 million more from Long Island customers is needed for infrastructure to transmit renewable energy, replacement of aging gas lines, better customer service and help for low and moderate income customers. The increases were approved after public hearings. National Grid's New York City customers are also seeing similar rate hikes. Critics slam rate hikes as unaffordable, cite environmental issues Merrick resident Lauren Krueger says the rate increases are hard to manage. "My husband's been out of work for a year. I have two kids. I have an old house that's drafty," she sai
Show less
Read more
Impact Snapshot
Event Time:
NGG
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
NGG alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
NGG alerts
High impacting National Grid Transco, PLC National Grid PLC (NEW) American Depositary Shares news events
Weekly update
A roundup of the hottest topics
NGG
News
- National Grid Partners Surpasses $500M Invested to Lead the Energy Future [Yahoo! Finance]Yahoo! Finance
- Latest Videos National Grid raising rates for Long Island, NYC customers Frigid temperatures return this weekend, and if you're a National Grid customer in New York City or on Long Island, it's going to cost more to heat with gas this winter. CBS News NAcquire Media Monitor
- UK Electricity Grid Set For 'Unprecedented' £35 Bn Investment [Barron's]Barrons
- National Grid to invest up to £35bn in boost to UK green power targets [Financial Times (FT.com) (UK)]Financial Times
- CenterPoint Energy appoints Dean Seavers as new Board member [Yahoo! Finance]Yahoo! Finance
NGG
Sec Filings
- 12/18/24 - Form 6-K
- 11/29/24 - Form 6-K
- 11/29/24 - Form 6-K
- NGG's page on the SEC website