National Grid Petitions for Distribution Rate Increase and New Rateplan
North Adams villageCity · MI- Disclosed value
- $131,622,621 (joint projected increased annual revenue)
- From public notice
- Document date
- Dec 15, 2023
- Renews
- Free account
The 30-second brief
Nantucket Electric Company, along with Massachusetts Electric (both d/b/a National Grid), seeks approval for an increase in electric distribution base rates, introduction of performance-based ratemaking, and a new capital recovery framework. If adopted, new rates would be effective October 1, 2024, for a five-year PBR period.
Nantucket Electric Company holds this contract with North Adams village. Its other public contracts on record include work for Town of Nantucket and Nantucket County.
The renewal date is on record. A free account shows it, with the renewals for every North Adams village contract.
Know when this contract comes back up.
See the renewal dateFree account · 30-second setup · No credit card
Contract details
- Amount
- $131,622,621 (joint projected increased annual revenue)
- Document date
- December 15, 2023
- Term
- Proposed new rates to be effective October 1, 2024; PBR mechanism proposed for 5 years
- Renews
- Free account
- Agency
- North Adams village
- Source document
- department-of-public-utilities-public-notice-december-15-2023_12f.pdf (Public Notice)
Nantucket Electric Company's other public contracts
More North Adams village contracts
Questions about this contract
Who was awarded the government contract by North Adams village?
Nantucket Electric Company was awarded this government contract by North Adams village, as recorded on December 15, 2023. The contract value is $131,622,621 (joint projected increased annual revenue).
How much is the Nantucket Electric Company contract with North Adams village worth?
The Nantucket Electric Company contract with North Adams village is valued at $131,622,621 (joint projected increased annual revenue).
What type of contract is this?
This is a government contract, documented as a public notice record.
Where was this contract approved?
This contract appears in department-of-public-utilities-public-notice-december-15-2023_12f.pdf (Public Notice), dated December 15, 2023 from North Adams village. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
Show 2 more questions
What other contracts does Nantucket Electric Company hold?
Nantucket Electric Company may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is North Adams village currently buying?
Explore North Adams village's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.