BUSINESS
May 8, 2012 | Erin Ailworth
Massachusetts ratepayers could soon see their electricity bills shrink as the lowest natural gas prices in a decade make it cheaper to produce power. Nearly 60 percent of the state's electricity is generated by gas-fired power plants, and utilities - which have been paying less to buy that power - are passing the savings on to consumers. NStar, now a subsidiary of Northeast Utilities of Boston and Hartford, asked state regulators on Monday to approve a nearly 16 percent cut in power rates for its 1.1 million electricity customers.
NEWS
April 28, 2012 | By Mark Shanahan and Meredith Goldstein
Feted at Thursday night's Museum of Science gala, its third annual "Science Behind the Stars" soiree honoring achievement in STEM education (science, technology, engineering, math), were Governor Deval Patrick, Lieutenant Governor Tim Murray, and Intel Corp. chair Jane Shaw. The event drew an array of business and tech luminaries, among them ex-Genzyme chief Henri Tremeer, current Genzyme head David Meeker, National Grid president Marcy Reed, BJ's Wholesale Club chief exec Laura Sen, and "Chronicle" reporter-producer Shayna Seymour, who served as emcee.
NEWS
April 22, 2012
The public is invited to the Avon Arbor Day Celebration on Friday at 11 a.m. at the Avon Public Library, 280 West Main St. Selectman Robert Brady and state Senator Brian Joyce are scheduled to speak, and National Grid will plant three evergreen trees on the library grounds, according to Town Administrator Michael McCue. McCue said that last year National Grid donated and planted two magnolias and a cherry tree in the Avon Middle-High School courtyard. "I hope it is a tradition we can keep up for years," he said.
NEWS
April 19, 2012 | By Colin A. Young
A Westford family has filed a wrongful death lawsuit against National Grid following an August 2011 incident in which a woman was crushed to death by a backhoe that fell off a trailer and landed on the family's van on Interstate 495 in Southborough. Sharon Wang, her two children, and her mother, Xiaoyun Jiang, were trapped inside their Toyota Sienna minivan when a National Grid supervisor lost control of a company-owned dump truck that was towing the backhoe on a flatbed trailer.
BUSINESS
April 18, 2012
EnerNOC Inc. stock rose after National Grid hired the provider of energy management solutions to manage natural gas consumption at about 4,000 commercial, institutional, and industrial sites in the New York City boroughs of Brooklyn and Queens. The Boston company will provide the utility with wireless hardware that automates fuel switching at the enrolled customer sites.
BUSINESS
April 10, 2012 | By Chris Reidy
National Grid, which delivers electricity to 3.3 million customers in New England and New York, said it has awarded $5.6 million to the University of Massachusetts Medical School for the expansion of the school's power plant. National Grid said the award is the largest incentive of its kind ever given by the company in Massachusetts. The incentive is earmarked for "a high-efficiency, 7.5-megawatt, gas-fired combustion turbine and an associated heat recovery system that will boost the medical school's capacity to generate electricity on its Worcester...