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Costs in excess of revenues are collected from customers and revenues in excess of costs are credited At governor kathy hochul’s direction, the department of public service, the staff arm of the commission, scrutinized national grid’s rate case to prioritize affordability. National grid has a specific bill format that is different from other utilities
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Here we explain what a typical national grid bill looks like, and how your can save money on your energy bills. Review this sample bill and compare it to your own. Register for online access to your account and use our portal to view your bill, set up automatic payments, receive a personalized energy savings plan, and more
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Still having trouble logging in Copyright © 2025 national grid usa service company, inc The “esrm” on your bill stands for electricity supply reconciliation mechanism This is on your utility bill each month when customers are with the utility for supply and there will be a charge or a credit.
Electricity supply reconciliation mechanism (esrm) Reconciles national grid's electricity supply service revenues to the cost of company purchased electricity , including clean energy standard costs Costs above revenues are recovered from customers Revenues above costs are credited to customers.
*the electric supply reconciliation mechanism (esrm) charge is the difference between the price that national grid paid for hedging and the actual market cost of electricity
The unusually high esrm indicates that national grid overpaid for electricity and is recovering its costs from customers. Supply service costs are the portion of your service for which you can shop for an alternate energy supplier, or energy service company The services below show our costs for supply service We encourage you to shop and compare other available supplier costs and services.
In this section, we explain how to read your bill, give more information on metering, and explain how our rates compare to those of other providers. Every national grid bill gives a breakdown of exactly what you are being charged
