Rhode Island Energy (RIE) announced a significant relief initiative on August 25, 2026, approving nearly $170 million in automatic bill credits for its electric and natural gas customers across the state. This decision received authorization from the Rhode Island Public Utilities Commission (PUC) and will take effect starting October 2026.
Key Details:
- Bill Credits: All RIE customers will receive a fixed monthly credit without needing to apply.
- Electric Customers: Approximately $14 per month from October 2026 to September 2027.
- Natural Gas Customers: Approximately $51 per month from December 2026 to April 2027—timed for the winter heating season.
Background:
These bill credits stem from a commitment made during PPL’s acquisition of RIE in 2022, aimed at shielding customers from tax-related impacts. An expedited delivery method for these credits was proposed and approved, allowing customers to benefit sooner.
Additional Programs:
In addition to the bill credits, RIE is enhancing its affordability initiatives, including:
- Low Income Discount Rate Program: Redesigned to offer larger discounts to low-income households and extend eligibility to more families.
- Operation Help: A new employee-funded assistance program providing direct bill relief to vulnerable customers.
- Support for the United Way’s Good Neighbor Energy Fund, assisting those struggling to pay energy bills.
RIE’s president emphasized the importance of affordability, stating that these actions are designed to provide significant relief to struggling families and businesses within Rhode Island.
