12/31/2022 0 Comments National grid ri![]() ![]() Several groups oppose the acquisition, and Neronha’s Office has warned the transaction may increase Ocean State electric bills. Last week, the Allentown, Pennsylvania-based PPL Corporation argued that acquisition of NEC would benefit the public’s interest. Knecht, on behalf of the Office of Rhode Island Attorney General Peter F. “This transaction is of particular importance to Rhode Island, because NEC provides electric distribution service to nearly all of the residents of the state (with some 510,000 customers), as well as being the primary natural gas distribution utility (with some 270,000 customers),” according to direct testimony and exhibits submitted by Mark D. ![]() A final decision from the state’s Division of Public Utilities and Carriers is expected in February. ![]() The parties have reached an agreement but several local advocacy groups and the Rhode Island Attorney General have refused to support the $5.3 billion sale. That could change next year.Ī Pennsylvania-based power provider is in discussion to buy the Ocean State’s primary electric service, the Narragansett Electric Company (NEC), from its current owner, National Grid. Nearly all of Rhode Island buys electricity from a single source. ![]()
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12/31/2022 0 Comments Dvdfab hd decrypter freeware![]()
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