National Grid drops plan on new fees

WARWICK – National Grid late last month withdrew its proposal for new fees that were intended to help recover money lost on wind- and solar-energy incentives, ecoRI News reported.

Last July, National Grid asked state regulators for permission to increase fees for all electricity customers, to recoup an anticipated drop in revenue through Rhode Island’s Renewable Energy Growth, or RE Growth, program. The incentive program, which was expanded by the General Assembly last year, is considered one of the most attractive in the country.

RE Growth credits solar and wind customers for the electricity they generate against the electricity they use, and they help offset some of the monthly charges. Electricity produced beyond the monthly use is awarded to customers in cash.

National Grid proposed two fees. Opponents of the proposed charges said the benefits of new renewable-energy systems help National Grid decrease costs. Wind and solar developers said the fees would also impede energy-sector growth. •

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