Rhode island energy bill increase
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With Europe looking for alternatives to Russian natural gas, prices for colorado river fossil fuel have spiked globally. The Public Utilities Commission is set to hold a hearing Sept.
– Electric and natural gas rate hikes in RI will skyrocket heating cost
Electricity rates will likely decrease again in the summer as the demand for natural gas wanes in the warmer months, according to Kresse. Skip to Content , Navigation , or Footer. About Contact Advertise Subscribe Donate. News University News Metro.
Events Review. Renewable energy has greatly expanded over the past 10 years. ISO New England, the nonprofit dedicated to administering the flow of electricity throughout the region, estimated renewables were responsible for 12 percent of all power generated in throughout the grid. According to data from the U. Energy Information Administration, in Rhode Island renewables are responsible for 8 percent of electricity generation.
Save my name and email in this browser for the next time I comment Checkmark. Approval of the rate increase came over the protests of advocates for low income customers who erupted after the commission concluded that Rhode Island Energy had complied with the energy procurement required by law, all but assuring that the rate increase would be ratified.
For the next half-hour, protestors aired their grievances while first commission member John Revens and then Gerwatowski tried to talk to them about allowing the meeting to continue. David Morales, D-Providence, responded to Revens. It may seem little comfort to Rhode Islanders, but the situation could be worse. This legislation sets out a bold but achievable goal and builds on the historic progress we made in through the Act on Climate.
Said Representative Ruggiero D-Dist. In addition to reducing emissions and our reliance on fossil fuels that must be brought to Rhode Island from other places, creating renewable energy supports the green industry, creating thousands of good paying jobs right here in Rhode Island. Those certificates are traded in a regional marketplace.
The legislation passed today increases the targets more aggressively. While the RES does not guarantee that the actual energy used in Rhode Island came from a renewable source, nor does it prohibit any utilities from supplying energy generated by fossil fuel, it does result in the generation of a corresponding amount of renewable energy in the region and encourages construction of renewable projects.
Rhode Island Energy has winter electric rate hikes approved
› article › /10 › rhode-islanders-seei. State regulators approved a record-high electric rate increase for most Rhode Islanders, but adopted measures to temper the bill impact.