Rhode Island Clause Dealing with Representations of Existing Electrical Service and the Ability to Obtain More

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Multi-State
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US-OL9033
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Description

The tenant shall at all times comply with the rules, regulations, terms and conditions applicable to service, equipment, wiring and requirements of the public utility supplying electricity to the building.

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FAQ

President Ruggerio's bill (2022-S 2274A) would require that 100 percent of all electricity sold in Rhode Island be generated from renewable sources by 2033 ? the most ambitious timeline of any state in the nation. The Senate approved similar legislation introduced by President Ruggerio during the 2021 session.

In Rhode Island, a customer can choose to buy electricity from a company other than Rhode Island Energy or Pascoag Utility District. This is known as customer choice and the other company is known as a nonregulated power producer or competitive supplier.

The Rhode Island Utility Restructuring Act of 1996 required utilities to sell off their generating assets, opening up the wholesale electric market to non-regulated power producers.

Rates across the regional New England electric grid are largely driven by the wholesale costs of natural gas, a primary fuel for power generation as well as heating. Market prices fall in the summer, when demand for gas ebbs and increase in the winter when residences and businesses need the fuel for heat.

If you live in Rhode Island, chances are you currently receive your natural gas and electricity from National Grid Rhode Island.

PPL Corporation on Wednesday announced it has completed its acquisition of The Narragansett Electric Company from National Grid for approximately $3.8 billion and approximately $1.5 billion in debt. The total value of the deal is $5.3 billion.

Natural gas provides a larger share of electricity in Rhode Island than in any other state. In 2021, Rhode Island generated a larger share of its electricity from natural gas than any other state, about 87%. Most of the rest of the state's net generation came from solar, wind, and biomass resources.

ContactTelephoneWebsiteSmartEnergy*800-443-4440www.smartenergy.com/*Town Square Energy*877-430-0093http://townsquareenergy.com*Viridian Energy, LLC.*1-866-663-2508www.viridian.com*XOOM Energy Rhode Island, LLC*1-888-997-8979www.xoomenergy.com*10 more rows

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Rhode Island Clause Dealing with Representations of Existing Electrical Service and the Ability to Obtain More