Rhode Islanders should see a decrease on their annual gas bill for the year ahead after the Public Utilities Commission (RIPUC) approved recent rate proposals from National Grid on Friday afternoon, according to a press release from National Grid today. 

The filings, submitted by the Company in September, impact the Gas Cost Recovery (GCR) charges and the Distribution Adjustment Clause (DAC) charges on customers’ natural gas bills and are effective from November 1, 2019 through October 31, 2020.

For the average residential heating customer using 845 therms annually, the combined bill impact from the proposed DAC and GCR charges for a typical residential heating customer represents a decrease of $147.58 or 10.9% per year, according to National Grid.

“As the winter season approaches we know our customers will be using more gas to heat their homes and businesses,” said Terry Sobolewski, President of National Grid Rhode Island in the release. “And while our customers need to prepare for that increased use, it’s encouraging to know their overall costs for the year ahead should be less significant than last year.”

The “Cost of Gas” or supply prices are determined by the market and represent the price at which National Grid purchases natural gas and reserve pipeline capacity on behalf of our customers; National Grid passes this cost along to our customers without profit. The market rates for gas are lower this year than last year. The reduced rate for “Cost of Gas” can be found under the “Supply Services” portion of a residential heating customers bill. The new rate will be $0.5302 per therm for residential heating customers.

The new rate for the “Distribution Adjustment Charge” can be found under the “Delivery Services” portion of a residential heating customers bill. The new rate will be $0.0007 per therm for residential heating customers.

This news comes as Newport officials are becoming increasing frustrated, concerned, and impatient as promised reports on the specific cause of the massive gas outage nine months ago have yet to surface.

Ryan Belmore is the Owner and Publisher of What'sUpNewp. Although not the founder or original owner, Belmore has been with What'sUpNewp since its early beginnings in 2012.

Belmore was born in Providence, Rhode Island; grew up and graduated high school in Coventry, Rhode Island; and lived in Newport, Rhode Island for more than ten years. He currently serves as Vice President of the Board Of Directors for Fort Adams Trust and on the Board of Directors for Potter League For Animals.

He and his wife, Jen, as well as their two dogs (Aero and June), recently moved to Alexandria, Virginia. Belmore travels back and forth to Newport every couple of weeks to cover events, work on story ideas, to meet with What'sUpNewp's on-the-ground contributors, to visit friends, and to eat as much seafood as possible.

Belmore is a member of Local Independent Online News Publishers, Society of Professional Journalists, and the North American Snowsports Journalists Association.