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In February 2006, National Grid announced that it had agreed to buy KeySpan Corporation, [16] a gas distributor and electricity producer in the United States, for $7.3bn (£4.1bn) in cash. Around the same time, National Grid also announced the acquisition of New England Gas Company, a Rhode Island subsidiary of Southern Union Company. [17]
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In Monson-Palmer-Longmeadow, $40 million will cover the cost of upgrading one substation and rebuilding or adding eight miles of overhead and one mile of underground distribution items.
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Growth of net metering in the United States. Net metering is a policy by many states in the United States designed to help the adoption of renewable energy.Net metering was pioneered in the United States as a way to allow solar and wind to provide electricity whenever available and allow use of that electricity whenever it was needed, beginning with utilities in Idaho in 1980, and in Arizona ...
KeySpan merged with National Grid USA in 2007, and National Grid began operating the electric infrastructure portion of LIPA business until 2013. Since January 1, 2014, LIPA has contracted with New Jersey–based Public Service Enterprise Group to operate LIPA's electric infrastructure on LIPA's behalf for a period of 12 years. [ 3 ]
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