Rhode Islanders:

 

Ratepayers in Rhode Island face some of the highest energy costs in the country. For small businesses, high energy costs can stifle expansion and innovation, and serve as an obstacle to a thriving business climate. For residential ratepayers, high electric bills can stretch hard-earned dollars to the limit. To fulfill my commitment to lowering energy costs in the Ocean State, I've introduced a Ratepayer Protection Legislative Package to the General Assembly:

  • H 6171: Lowering energy costs by encouraging competition in the electric market
    Encourages competition in the electric market and lowers energy costs by creating a program that requires electric companies to bear the risks related to nonpayment by customers. This reduces the barriers that competitive suppliers face to entering the electric market.
  • H 6184: Preventing electric rate increases to fund gas supply expansion
    Prevents electric distribution companies from charging electric customers costs related to the construction or expansion of natural gas pipelines or related facilities.
  • H 6188: Lowering energy costs by limiting profits through revenue decoupling
    In states without revenue decoupling, a utility company’s revenue is tied to its sales. In states with revenue decoupling, like Rhode Island, a utility company’s revenue is tied to a formula and not its sales. This formula is designed to reduce risk to a utility’s shareholders. This bill permits the Public Utilities Commission to take the reduced risk into account when setting a utility company’s approved profit level, which reduces electric rates and saves money for all ratepayers.
    <li style="margin: 0in 0in 12pt; font-style: normal; font-weight: normal; mso-margin-top-alt: auto; mso-list: l1 level1 lfo2; tab-stops: list .5in;">H 6182: Lowering energy costs by properly accounting for incentive payments
    Requires the Public Utilities Commission to account for incentive payments that are paid to utility companies by using those payments to reduce profit levels during rate approval cases, thereby reducing rates. This bill also requires electric companies to submit a detailed summary of all incentive payments received each time the company proposes a rate increase.
  • H 6190: Improving utility responsiveness to ratepayers
    Requires all public utilities to provide prompt and adequate customer service to their ratepayers including: timely installation of new and upgraded service; status updates regarding installation and upgrade wait times; itemized bills to ratepayers following any installation, construction, site visit or service and itemized written estimates prior to any installation, construction, site visit or other service. Ratepayers may report customer service complaints to the Division of Public Utilities and Carriers, which shall promptly investigate and rule on such complaints. 

We will keep you updated as these bills are scheduled for hearing and will notify you when we hold a press conference to promote this legislative package. In the meantime, please feel free to reach out to us with any questions.

Sincerely,    

 

   

 

 

 

Media Contact: Andrea Palagi | This email address is being protected from spambots. You need JavaScript enabled to view it. | (401) 222-5383

 

Connect with Lt. Governor Dan McKee on Social Media

Facebook  Twitter  Instagram 

 

 

President Trump say he hopes he and North Korean leader Kim Jong Un will be able to meet in the coming weeks. But Trump warned he'd leave the meeting if it is not generating results. During a news conference with Japanese Prime Minister Shinzo Abe [[ SHEEN-zoe AH-bay ]] in Florida yesterday, Trump said he wants the Korean Peninsula to be peaceful and free of nuclear weapons.        The FAA is ordering inspections of jet engine fan blades like the one that snapped off and caused an engine on a Southwest Airlines flight to explode during a flight Tuesday. A woman was fatally injured when shrapnel from the engine blew out a window and she was pulled partway out of the plane. The plane made an emergency landing in Philadelphia.       President Trump travels to Key West today as his weeklong stay in Florida continues. He's scheduled to visit an interagency anti-drug trafficking task force.        California Governor Jerry Brown is mobilizing 400 National Guard troops to combat transnational crime. Earlier this month, President Trump called for up to four-thousand National Guard troops to be deployed to the border to work with the Border Patrol.        This week's theft of explosives from a work site in Pennsylvania is bigger than authorities originally thought. ATF investigators learned yesterday an additional case of dynamite is missing. That means thieves stole more than 700 pounds of explosives are missing, not 640 pounds as first reported. The thieves also made off with 400 blasting caps Monday. The ATF is offering a ten-thousand dollar reward.        New York Governor Andrew Cuomo is going to let 35-thousand convicted felons vote. They've been barred from voting by a New York law that requires felons to complete their parole before their voting rights can be restored. Cuomo said yesterday he'll issue an executive order to restore voting rights to felons now on parole and those who enter the parole system every month.