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Updated: March 2026

Electric UtilityDeregulated Market

Rhode Island Energy (Narragansett Electric)

Commercial rate guide for RI Energy Entire state of Rhode Island including Providence, Warwick, Cranston, and Newport. Formerly Narragansett Electric, now operating as Rhode Island Energy under PPL Corporation.

RI

Rate Overview

$0.23per kWh
Electric
Available

Rate Structure

C-06 (general commercial) and G-02 (large demand) rate schedules. Time-of-use rates available for larger accounts. Last resort service for default supply. Renewable energy standard charges included.

Recent Rate Changes

Rising

10.4% rate increase effective January 2026 approved by RI PUC reflecting higher

10.4% rate increase effective January 2026 approved by RI PUC reflecting higher ISO-NE energy costs and offshore wind procurement charges

Common Billing Issues

Property managers with RI Energy accounts frequently encounter these billing challenges:

High rates driven by ISO-NE capacity and energy costs

Offshore wind procurement surcharges adding new bill line items

Demand charges on G-02 accounts during summer peaks

Renewable energy standard compliance costs passed through

Billing system transition issues following PPL acquisition

Deregulation & Supply Choice

Deregulated Market

Businesses can choose their energy supplier in this market.

Competitive supply choice is available

Rhode Island has limited supply choice for commercial customers. Competitive suppliers available but market participation is low. Delivery regulated by Rhode Island Energy under RI PUC oversight.

Pending Rate Filings

📋

Offshore wind power purchase agreement cost recovery under RI PUC review; grid modernization investment plan petition pending

Cities Served

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