1595 Mendon Road, Cumberland, Rhode Island, United States.www1.nationalgridus.com
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What is National Grid Rhode Island and What They Do
National Grid Rhode Island is regional division of National Grid, a multinational Energy
utility. The company fulfills the electricity and gas needs of the people. In 2014, it became the 20th largest company to have primary listings on the London Stock Exchange. Addition to this, it is the 2nd largest company, listed on New York Exchange. The Company is also a part of FTSE 100 Index. National Grid
Rhode Island has responsibility of electricity transmission, gas distribution and gas transmission.
National Grid History
Before the inception of the company, the power production and distribution operations in the United Kingdom were under the control of the Central Electricity Generating Board, but in 1990, the power distribution operations of Central Electricity Generating Board were handed over to the National Grid Company. It completed the acquisition of the New England Electric System in 2000. The company employs approximately 28,000 people. National Grid was established in 1990 in London, the capital city of the United Kingdom. According to the reports of financial year of 2013-14, the Company has generated total Revenue
of £14,359 million, operating income of £3,644 million and net income of £2,296 million. National Grid had market capitalization of £31.4 billion at the end of the year. Besides Rhode Island, The Company has operations in New York and Massachusetts, two US states. Moreover, National Grid also operates transmission facilities in France and Netherlands.
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