Gothamist
A non-profit newsroom, powered by WNYC.
Gothamist
Listen Live
News
National Grid proposes freezing gas prices until 2028
By
Giulia Heyward
Published May 29, 2026
Share
FacebookTwitterRedditEmail
Never miss a story
Email address
By submitting your information, you're agreeing to receive communications from New York Public Radio in accordance with our Terms .
Bebeto Matthews/AP/Shutterstock
By
Giulia Heyward
Published May 29, 2026
Share
FacebookTwitterRedditEmail
We rely on your support to make local news available to all
Make your contribution now and help Gothamist thrive in 2026. Donate today
Gothamist is funded by sponsors and member donations
Roughly 2 million National Grid customers in New York City and Long Island could see their just-hiked gas prices remain steady for the next two years under a proposal National Grid filed with the state’s Public Service Commission on Friday.
If approved, the proposal would continue to freeze current gas delivery rates for customers until March 31, 2028. It comes as millions of New Yorkers contend with rising utility costs amid the state’s widening affordability crisis.
Rates for National Grid customers in New York City and Long Island already rose in April of this year, and previously in April 2025 and September 2024. State regulators also approved a rate hike for Con Edison customers earlier this year.
“With so many households and businesses across New York City and Long Island facing the pressures of inflation and a rising cost of living, we identified an opportunity to provide meaningful financial relief for our customers by freezing our gas delivery rates until 2028,” Sally Librera, president of National Grid New York, said in a prepared statement on Friday.
"Coming off a harsh winter that brought record demand for gas, this proposal directly addresses affordability while ensuring our dedicated employees continue to deliver the safe, reliable energy that heats homes and powers businesses — especially during periods of extreme weather," Librera said.
National Grid said it is also proposing funneling $250 million in customer credits to help fund its gas distribution infrastructure.
National Grid did not immediately respond to requests for comment from Gothamist.
While climate activists approved of National Grid’s willingness not to increase gas prices in the short term, they also expect that the company "will be back next year to do it again,” according to Kim Fraczek, director of the Sane Energy Project, a renewable power advocacy group.
“Thanks to our intense pressure campaign, National Grid has second-guessed themselves and their original desire to jack up New Yorkers’ energy bills this year,” she said in a statement on Friday. “This is an immediate win, but do not be fooled — the company is likely sitting on its hands for the sake of their ally, Gov. Hochul, as her popularity craters during an election year.”
Tagged
new york city
new york state
Giulia Heyward
Giulia Heyward is a breaking news reporter on the Day-Of desk. She previously worked at NPR, as a breaking news reporter, and the New York Times, as a reporting fellow on the national desk. Her work has also appeared in CNN, The Atlantic and Politico. Got a tip? Email [email protected] or more securely on signal at 917-715-1458.
Read more
Gothamist is funded by sponsors and member donations
Gothamist is funded by sponsors and member donations
MORE news
Dump truck driver hits and kills cyclist on 34th Street in Midtown, NYPD says
It's the latest in a string of hit-and-run deaths in the city in recent months.
By
Liam Quigley
Published Sep 28, 2026 at 4:15 p.m. ET
New ingredient mandated for Latin American kitchen, restaurant plates in NJ
The Garden State now requires that corn masa dough and flour made and sold in the state be fortified with folic acid.
By
Arya Sundaram
News
New ingredient mandated for Latin American kitchen, restaurant plates in NJ
The Garden State now requires that corn masa dough and flour made and sold in the state be fortified with folic acid.
By
Arya Sundaram
A Brooklyn jail cell filled with smoke. The emergency button failed, a lawyer said.
By
Samantha Max
Crews launch tunnel machines to dig first new Hudson River rail tunnels since 1910
By
Michael Sol Warren
NYC nor’easter dries up after weather service reports minor flooding
By
Ramsey Khalifeh
Never miss a story
Catch up on the most important headlines with a roundup of essential NYC stories, delivered to your inbox daily.
Sign upEmail address
By submitting your information, you're agreeing to receive communications from New York Public Radio in accordance with our Terms .