Rhode Island Electric Utilities Comparison

Rhode Island has among the highest electricity rates in the nation but is investing heavily in offshore wind and renewable energy development.

Lowest Rates

Rhode

~25¢/kWh

Highest Rates

Rhode

~25¢/kWh

Total Customers

500,000

across 1 utility

Key Factors in Rhode Island

Key factors in Rhode Island include high rates, significant investment in offshore wind, its small size, and ambitious renewable energy goals.

Rhode Island Utilities by Rate

#1
Rhode Island Energy
All of Rhode Island500,000

22-27¢/kWh

PPL Corporation (investor-owned)

Advantages

  • Statewide coverage
  • Renewable focus
  • Energy efficiency programs
  • Offshore wind development

Considerations

  • High rates
  • Small grid
  • Transmission costs
  • Limited generation

Key Factors in Rhode Island

High Electricity Rates

Rhode Island consistently ranks among the states with the highest electricity costs, driven by transmission costs and limited in-state generation.

Offshore Wind Leadership

The state is a pioneer in U.S. offshore wind, with the first commercial offshore wind farm and ambitious plans for future development to meet renewable goals.

Small but Centralized Grid

As the smallest state, its grid is compact. A single utility, Rhode Island Energy, serves the entire state, simplifying regulation but limiting consumer choice.

Ambitious Renewable Goals

Rhode Island has a mandate to meet 100% of its electricity demand with renewable energy by 2033, one of the most aggressive targets in the nation.

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