Weather Alert

MODERATE TO HEAVY SNOW STORM WED. AM THROUGH WED. NIGHT

Low pressure developing off the Southeast coast will quickly move northeast tracking south of New England through Wednesday night as colder air arrives to produce a moderate to heavy snow storm for much of the region.  Snow will develop quickly Wednesday morning and fall heavily at times through the afternoon and evening before tapering off and ending before daybreak on Thursday.  Expect difficult travel conditions with snow packed roads and low visibility through the duration of this storm.  Click Here for the CBS6 Weather Forecast Page

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Channel 6 News - Search Results

The following is an archived video story. The text content of that video story is available below for reference. The original video has been deleted and is no longer available.

National Grid to provide temporary credit for bill spikes

ALBANY -- The New York State Public Service Commission announced on Wednesday that it has authorized National Grid to take immediate action to provide $32 million in temporary credit to customers.

The decision allows National Grid to defer the $32 million estimated ratepayer credits and allow future recovery from customers. The way it would be recovered, and the time period in which it would happen has not yet been decided by the Commission.

The move is an effort to offset what they call an unprecedented increase in electric supply costs. "The unusually cold weather that has gripped the region has caused energy supply prices to surge in New York State," says the Commissions Chairman. "Electricity prices could increase by as much as 27 percent in February."

Because of unusual spikes National Grid has been experiencing, the Commission will also review National Grid's hedging practices and retail rate mechanisms to avoid similar problems in the future.
 
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