National Grid Named Top Utility in Economic Development

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Published 13 hours ago

Submitted by National Grid

National Grid was recently identified through the industry-leading economic progression publication, Site Selection Magazine, as one of the most productive utilities in economic progression in 2023, selected from a pool of approximately 3300 electric utilities nationwide. Of the 20 corporations listed, National Grid is the only app on the list with operations in the Northeast.

Recognized utilities are described as “the cream of the crop when it comes to getting things done on behalf of their communities” and are selected based on criteria that includes “corporate end-user project investment and affiliated job creation.” Selections are made through a combination of independent research and results from a voluntary annual questionnaire centered on programs and incentives that are spurring sustainable growth and cultivating the flow of smart capital and talent.

“National Grid is committed to building a smarter, stronger and cleaner energy formula for everyone, and an important component of that commitment is driving the expansion and strength of the communities in which we live and work,” said Arthur Hamlin, Director of Economic Development, National Grid. “We are boosting our local and regional economies through strategic investments and incentive formulas that spur business development, create in-demand jobs, clean up electric infrastructure, and provide greater opportunities for communities attract and promote innovation.

The rating takes into account the company’s paintings in its service territories in New York and Massachusetts, with particular attention to its recent contributions in upstate New York. Since 2003, National Grid’s economic progression systems have provided more than $145 million in assistance to communities in upstate New York, helping to create more than 65,000 jobs and supporting nearly $10. 5 billion in public and personnel investment.

National Grid was a key member of the economic progress team that encapsulated the allure of Micron Technology’s $100 billion semiconductor plant assignment in upstate New York, which is expected to create 50,000 jobs over a 20-year period.

Following the call in the September issue of Site Selection magazine, National Grid has continued in recent weeks to demonstrate its commitment to creating economic opportunity in the Northeast by supporting its consumers and helping them achieve their goals:

About National Grid

National Grid (NYSE: NGG) is an electricity, natural gas, and clean energy delivery company serving more than 20 million people through our networks in New York and Massachusetts. National Grid is focused on building a smarter, stronger, cleaner energy future — transforming our networks with more reliable and resilient energy solutions to meet state climate goals and reduce greenhouse gas emissions.

For more information, please visit our website, follow us on X (formerly Twitter), watch us on YouTube, like us on Facebook and find us on Instagram.

National Grid (NYSE: NGG) is an electric power, natural fuels and electric power provider serving more than 20 million people through our networks in New York City and Massachusetts. National Grid is preparing to chart a course into the void. More reliable long-term energy through our fossil-free vision. National Grid is transforming our electric power and natural fuel grids with smarter, cleaner and more resilient energy solutions to meet the goal of reducing greenhouse gas emissions.

For more information, visit our website, follow us on Twitter, watch us on YouTube, like us on Facebook, and locate our photos on Instagram.

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