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National Grid plc is a British multinational electricity and gas utility company headquartered in London, England. Its principal activities are in the United Kingdom, where it owns and operates electricity and natural gas transmission networks, and in the Northeastern United States, where as well as operating transmission networks, the company produces and supplies electricity and gas ...
KeySpan Corporation was the fifth largest distributor of natural gas in the United States. KeySpan was formed in 1998 as a result of the merger of Brooklyn Union Gas Company (founded 1895 by merging several smaller companies) and Long Island Lighting Company (LILCO), and briefly operated under the name MarketSpan following the merger. [1]
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. [2]
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The National Grid is the high-voltage electric power transmission network serving Great Britain, connecting power stations and major substations, and ensuring that electricity generated anywhere on the grid can be used to satisfy demand elsewhere. The network serves the majority of Great Britain and some of the surrounding islands.
2005: Sale of four gas distribution networks, and adoption of National Grid as the single name for principal businesses; 2016: Creation of National Grid Gas Distribution Ltd as part of National Grid; 2017: Sale of a majority stake of National Grid Gas Distribution in March, with operations beginning under the Cadent brand from May
Electricity billing in the UK. In the United Kingdom, an electricity supplier is a retailer of electricity. For each supply point the supplier has to pay the various costs of transmission, distribution, meter operation, data collection, tax etc. The supplier then adds in energy costs and the supplier's own charge.
The transmission network is owned by National Gas, which is owned by Macquarie Asset Management, British Columbia Investment Management Corporation, and National Grid plc. The changing ownership of the NTS reflects developments and corporate changes in the UK's gas and energy industries. Gas Council and area boards, 1962 – 31 December 1972
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