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National Grid seeks increase in natural gas rates

National Grid is looking to increase its natural gas rates to help recover spending on high costs of fuel during the recent cold snap. The company filed a request Monday to increase the average household heating bill by 15.6 percent from March 1 to Oct. 31. National Grid says the rate hike would help recover $22.8 million out of the $34.4 million it spent on fuel during the extreme cold between the end of December and early January.



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