Massachusetts DPU upholds $8 million National Grid fine
The Massachusetts Electric Co. — which now operates under the Grid umbrella — argued that four difficult storms lowered its rating in a state review of its 2006 performance. The company asked that the storms be excluded from the review.
DPU said in the ruling it would not exempt the storms because Mass. Electric had fallen short in the rest of its performance review.
National Grid spokeswoman Debbie Drew said the company was disappointed, but is looking for the best way to credit the $8 million to its customers.
The utility must also rebate $30,000 to customers of Nantucket Electric, also a National Grid company.
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N.L. premier says Muskrat Falls costs are too great for optimism about benefits
ST JOHNS - Newfoundland and Labrador's premier says the Muskrat Falls hydro megaproject is currently too much of a massive financial burden for him to be optimistic about its long-term potential.
"I am probably one of the most optimistic people in this room," Liberal Premier Dwight Ball told the inquiry into the project's runaway cost and scheduling issues.
"I believe the future is optimistic for Newfoundland Labrador, of course I do. But I'm not going to sit here today and say we have an optimistic future because of the Muskrat Falls project."
Ball, who was re-elected on May 16, has been critical of…
