Rhode Island House Bill H6047

Rhode Island 2023 Regular Session

• Introduced: 3/3/23
• Refer: 3/3/23
• Report Pass: 6/6/23
• Engrossed: 6/8/23
• Enrolled: 6/13/23
• Passed: 6/19/23

Caption

Public Utilities Commission

Impact

The bill revises Section 39-1-27.3 of the General Laws and introduces various provisions for standard power supply offers, which electric distribution companies must arrange for customers who choose not to engage with alternative power suppliers. It sets parameters under which these standard offer rates are determined and allows for cost recovery for companies while prohibiting them from earning profit margins on these standard offers unless approved by the commission. The overarching goal is to ensure fair pricing and access to electricity services in line with regulatory oversight.

Summary

House Bill H6047 amends existing legislation regarding public utilities and their operations within the state of Rhode Island. Specifically, it requires each electric distribution company, with the exception of the Pascoag Utility District and the Block Island Utility District, to provide retail access to all customers from nonregulated power producers. The bill aims to promote economic development and the preservation of employment opportunities within the state by allowing customers a choice in their energy suppliers. This is expected to lead to more competitive energy pricing and services.

Contention

Notably, the bill includes specific exemptions for the Block Island Utility District, indicating that this utility will not be required to comply with the retail access stipulations. This raises questions regarding equitable access to power and the potential implications for residents of Block Island, as they may have different avenues available for electric service compared to other districts. Additionally, the bill has faced scrutiny regarding how it balances the interests of utility companies against consumer protection and energy independence.