National Grid seeks stimulus funds
Published: August 8, 2009
WALTHAM, Mass.—National Grid is seeking $200 million from the federal government’s stimulus package to help it modernize the electric distribution system in Massachusetts, Rhode Island and New York.
The nation’s second-largest utility says the funding from the U.S. Department of Energy will help it develop a smart grid system for about 200,000 customers in the three states.
The program aims to combine clean energy and advanced technologies and help residential and business customers reduce their energy consumption, carbon emissions and utility bills.
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Reader Reactions
what do they need money for, they charge a delivery fee, , to turn on a switch. My bill goes up every time i turn around. Let the government take it over, they couldnt do any worse.
National Grid needs to wait in line, there are lots of people who could use some stimulus money.
All these cities,towns and agencies are relying on stimulus money, What in the world is going to happen when that money is gone….Get on the leaders now to get their budgets under control or you will be (fill in the blank) later
Here is company that may actually benefit from Federal control. Give them the money. Don’t let them pay it back. Control every move they make - rates, salaries, executives, bonuses ...everything.
you know what the grid can do with money, not that they deserve it they can purchase a book on dig safe ,big concerns on this outfit, including competence,real winners these guys are NO CASH.
National Grid was born out of political back room deals and people are getting fleece to the Nth degree.I live in Taunton and my TMLP is a publicly own company.The rates are among the lowest in Massachusetts and in the case of a outages(hurricanes,blizzards,etc)we get prompt restoration of service, not like the National Grid Debacle during last winter’s ice storm.This country is in worse shape for electricity since before WWII,during and after the war things improve at a great pace,and have gone down hill in the last few years(10+).Congress is still the problem,along with state legislatures,people(voters) have to think of the U.S.as a whole and not regionally,or we will still have this disparity of service, and the fleecing of America will continue,by the likes of companies,like National Grid.
National Grid need to back up, what does England need money now..I think its pathetic that my electriciy actually comes from another country, I sure hope they don’t get mad at us.. We need some help here, national grid won’t even work with you on your bills anymore..they are all business and too bad for us. I haven’t had my electricity shut off in 40 yrs now all of a sudden with the ecomony and all I’ve had it shut off twice this year, once only owning 100.00 I say we go with the wind turbines….
What I meant is that thir rates for electricl transmission are higher than others now, and they’re still not improving the grid, so what are they going to do with the stimulus money?
National grid should get NOTHING from the stimulus package. Its rates for electricity transmissions are higher than others now—what are they going to do with stimulus money? Give the big shots raises? They sure as heck aren’t using the money they rake in for improving the grid now—they rather just let the grid get by as it is now.
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