Assemblyman John Ceretto, in response to the recent spike in electric rates, is demanding an explanation for the increase from both National Grid and the Public Service Commission. In letters sent to both organizations, Ceretto cited rate increases as high as 50 percent and overwhelming complaints from constituents who want to know why their electric rates have doubled. Ceretto said he hopes an explanation will help reveal ways these increases can be avoided in the future.
"My constituents have been hit hard by the dramatic increase in electric rates this winter, and they want to know why. I am asking for a thorough justification from National Grid and the PSC in regard to these hikes," Ceretto said. "Everyone whose budgets have been squeezed by these rate hikes deserves an explanation from both National Grid and the PSC. I intend to act on behalf of my constituents and get to the bottom of why this rate spike happened, and figure out what can be done to prevent this from happening again."
Ceretto noted consumers who want to do something about their rates can switch to fixed rates offered by some providers. This removes the risk of being hit by rate spikes in winter, but also locks you into the same rate even if prices drop due to low energy consumption. Individual consumers will need to do a cost-benefit analysis to see what works best for them.