The Department of Public Utilities (DPU) is demanding that the five gas companies in Massachusetts reduce residential gas bills by 5% as customers face excessively high charges this winter. The request follows widespread complaints regarding surging energy costs, which have left households struggling with bills that have spiked by 27% during the heating season. The DPU's letter indicated that immediate actions are necessary due to increased supply costs and high programmatic recovery costs. While gas prices are not regulated by the DPU, it aims to ease the financial pressure on consumers by reviewing the gas adjustment factor and possibly shifting delivery costs to the off-peak season.
The DPU is demanding gas companies cut residential gas bills by 5% in response to soaring winter energy costs impacting consumers.
Customers received unaffordable bills this winter due to high supply costs, programmatic cost recovery, and cold weather, prompting the DPU's intervention.
Senators raised concerns over National Grid and Eversource's recent rate hikes, particularly a 27% increase during the heating season.
The DPU is reviewing the gas adjustment factor and considering seasonal cost shifts to alleviate financial burdens on gas consumers.
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