We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for streaming realtime charts, analysis tools, and prices.
| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| National Grid Plc | LSE:NG. | London | Ordinary Share | GB00BDR05C01 | ORD 12 204/473P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -4.00 | -0.38% | 1,055.50 | 1,053.50 | 1,054.00 | 1,060.00 | 1,050.00 | 1,060.00 | 4,982,676 | 16:35:02 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Combination Utilities, Nec | 24.25B | 7.8B | 2.1140 | 4.98 | 38.84B |
From Apr 2019 to Apr 2024
By Alex MacDonald
LONDON--U.K.-based energy grid operator National Grid PLC (NG.LN) said Monday it has been allowed to increase retail electricity rates in Massachusetts for the first time since 2010.
Massachusetts Department of Public Utilities has allowed National Grid's Massachusetts Electric Company, which distributes electricity to 1.3 million customers in Massachusetts to earn a 9.9% return on equity and a 50.7% equity capital structure.
The rate rise, which starts as of Oct. 1 translates to a revenue increase of $101 million for the U.S. utility. This is less than the $130 million the unit has most recently requested and $143 million it had originally requested.
The rate order means residential customers' bills will increase by 7%.
National Grid owns and operate electricity distribution networks in upstate New York, Massachusetts, and Rhode Island that provide power to about 3.4 million consumers in New England and upstate New York.
Write to Alex MacDonald at alex.macdonald@wsj.com
(END) Dow Jones Newswires
October 03, 2016 02:39 ET (06:39 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
1 Year National Grid Chart |
1 Month National Grid Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
