National Grid wants stimulus funds August 10, 2009Posted by truthspew in Uncategorized.
I say fuck National Grid. I’ll explain.
Over the past few months National Grid has been trying to get a rate increase on its distribution rates. It would have been about a 20% bump. Their rationale for the increase was that they’ve been improving the distribution system in RI and MA for the past few years.
So why do they need a couple hundred million for distribution improvements again? Smart grid perhaps? Screw them.
Want a really smart grid? Give the stimulus money to homeowners for green energy projects. Then as it is now, force National Grid to buy the power off that grid. Of course I can see the wild claims coming from them.
With the reduction of energy used they’ll claim their revenue is at stake and hike electric rates yet again.