In the wake of last week's deadly fires and explosions in the Merrimack Valley, Columbia Gas has withdrawn its proposal for a $33 million rate hike. The company says its focus must now be on supporting its customers. pic.twitter.com/iye810up63— WBZ NewsRadio (@wbznewsradio) September 19, 2018
BOSTON, MA (WBZ-AM) -- Columbia Gas has changed its mind about raising rates. The Company says it has withdrawn the request it aide to state regulators or the $33 Million Dollar increase.
The Utility says it has to focus on its customers, in wake of the Merrimack Valley Natural Gas explosions and fires.
Columbia Gas of Massachusetts withdraws pending rate case and pending settlement following the Sept. 13 natural gas incident in the Greater Lawrence area. https://t.co/Q7lWgCsyuK pic.twitter.com/0V4hw9fnB2— Columbia Gas MA (@ColumbiaGasMA) September 19, 2018
Columbia Gas had originally asked for a $45 million rate increase with State Utility officials but the attorney general's office negotiated them down to $33 million. The Commonwealth was considering the company's request when it was withdrawn.