National Grid Gets Approval for Massachusetts Gas's Rate Plan
04 Oktober 2021 - 8:59AM
Dow Jones News
By Jaime Llinares Taboada
National Grid PLC said Monday that the Massachusetts Department
of Public Utilities has approved a five-year rate plan for its
Massachusetts Gas business.
The order is effective Oct. 1, and includes a revenue increase
of $72 million. The allowed return on equity is 9.7%, on an equity
ratio of 53%, the energy infrastructure company said.
Write to Jaime Llinares Taboada at jaime.llinares@wsj.com;
@JaimeLlinaresT
(END) Dow Jones Newswires
October 04, 2021 02:44 ET (06:44 GMT)
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