Electric rate hikes sought by Rhode Island Energy would increase the average residential customer’s monthly electric bill by 23.4%, or $32.16, starting Oct. 1, 2024. The average residential gas bill would increase $41.72 per year. (Getty image)
The prospect of winter utility rate hikes drew sharp criticism Monday night from residents, activists, and elected officials, who blasted Rhode Island Energy for its proposed gas and electric rates during a public hearing.
The nearly-two-hour-long hearing held at the Rhode Island Public Utilities Commission’s Warwick offices comes less than a month before the commission must vote on winter electric rates , which take effect Oct. 1, along with annual natural gas rates , which take effect Nov. 1.
Rhode Island Energy, the primary supplier of electricity and natural gas for residents and businesses, has proposed higher rates for both electricity and gas supply compared with current, summer prices, as is typical during colder months.
If approved, the average residential customer would see their monthly electric bill increase 23.4%, or $32.16, starting Oct. 1. The average residential gas bill would increase $41.72 per year.