National Grid’s Gas Business Examined

ALBANY, N.Y. -

The New York State Public Service Commission Wednesday announced it would conduct an independent, comprehensive management and operations audit of National Grid’s natural gas companies: Niagara Mohawk Power Company Gas, KeySpan Energy Delivery New York and KeySpan Energy Delivery Long Island. The audit will focus on construction program planning and operational efficiency and address risk management efforts, particularly in coastal areas.

In his 2013 State of the State Address, Gov. Andrew  Cuomo highlighted the importance of management and operations audits of New York’s utilities, and authorized the Commission to direct utilities to comply with recommendations made pursuant to those audits.

“These comprehensive audits will help ensure that utilities are properly running their businesses and are using the most modern and cost-effective programs and techniques to provide customers with safe and reliable service at just and reasonable rates,” said Chairman Garry Brown.

The management and operations audit of the companies will be comprehensive, and will focus on the specific requirements of construction program planning and operational efficiency, as well as other performance measures. A final report from the selected consultant is expected by May 2014.