PROVIDENCE, R.I. (AP) - A year after the remnants of Hurricane Irene blew through Rhode Island, the storm that cut power to well over half the state's utility customers has been mostly forgotten. But a storm-related rate increase could be on the way.
National Grid in April asked the Rhode Island Public Utilities Commission to approve a rate hike for at least three years, starting in 2013, to help cover a portion of the money it spent responding to the storm.
The utility spent $33 million and had only $22 million in its storm fund, leaving a shortfall of $11 million. Some of the shortfall would be covered by a proposed rate increase.
A spokesman at the Public Utilities Commission said customers would see their bills increase by about 25 cents a month, or $18 over three years, under the proposal.