National Grid will support local non-profits
and charitable organizations in Massachusetts and New York to assist the most impacted customers
and communities
WALTHAM,
Mass. and BROOKLYN,
N.Y., Oct. 13, 2022 /PRNewswire/ -- To help
customers who need financial assistance, as winter energy prices
are expected to rise significantly due to the global energy crisis
and inflation, National Grid is committing $17 million in philanthropic funding. These funds
are in addition to annual local community and philanthropic
support. The funds will be distributed through National Grid and
the National Grid Foundation to existing networks and community
partners across Massachusetts and
New York that are set up to help
individuals, families and communities who need it most.
"Our customers are dealing with the impact of increasing prices
across the board," said Helen Burt,
Chief Customer Officer, National Grid. "We know we can't solve this
problem by ourselves, but we want to do our part to help. These
additional funds will go directly where they are needed most so
that our local community partners can quickly provide relief for
those in need as they navigate the months ahead."
Helping Customers Manage Their
Energy Usage and Save on Their Bills
National Grid does not control energy prices – it buys energy
from the wholesale market and passes it directly on to customers at
the same price with no markup or profit. But the company
understands the impact of energy supply price increases on
customers and communities, especially when the costs for other
goods and services are also going up and is committed to playing
its part to help.
That's why National Grid has launched the Winter Customer
Savings Initiative to help customers reduce their energy
use and save money, better manage their bills, and secure available
energy assistance.
The initiative includes numerous payment assistance programs for
income-eligible customers, extensive residential and business
energy efficiency programs and incentives, low-cost and no-cost
bill management solutions, and flexible payment programs.
To find out more and see what programs might be right for you,
your family or your business, visit ngrid.com/heretohelp.
About National Grid
Foundation
The National Grid Foundation is an independent, non-profit,
charitable organization, that was founded more than two decades
ago. The Foundation is dedicated to enhancing the quality of life,
economic strength and environmental stewardship across National
Grid's service territory. Since it began in December 1998, the Foundation has provided more
than $27 million in grants to
hundreds of organizations.
About National Grid
National Grid (NYSE: NGG) is an electricity, natural gas, and
clean energy delivery company serving more than 20 million people
through our networks in New York
and Massachusetts. National Grid
is focused on building a path to a more affordable, reliable clean
energy future through our fossil-free vision. National Grid is
transforming our electricity and natural gas networks with smarter,
cleaner, and more resilient energy solutions to meet the goal of
reducing greenhouse gas emissions.
For more information, please visit
our website, follow us
on Twitter, watch us on YouTube, like
us on Facebook and find our photos
on Instagram
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content:https://www.prnewswire.com/news-releases/national-grid-commits-17-million-in-philanthropic-funds-to-help-customers-and-communities-navigate-increasing-winter-energy-prices-301648060.html
SOURCE National Grid