National Grid wants to Sell Its Rhode Island Business. Is that in the public interest?
A few months ago, news broke that National Grid planned to sell the Narragansett Electric and Gas Companies to a Pennsylvania-based company named PPL. In its deal with PPL, National Grid hopes to gain PPL’s business in the United Kingdom in exchange for Rhode Island’s electric and gas customers. However, this is not a done deal: over the coming year, Rhode Island regulators are charged with reviewing whether the sale is in the “public interest.” The Rhode Island Division of Public Utilities’ decision will have significant impacts not just on the two companies, but on consumers, state policy, and climate action.