Rhode Island Energy overcharged state by $2 million, audit finds

Rhode Island Energy — the state’s dominant energy supplier — overcharged the state by $2 million over a three month period last year, according to a recent audit by the state.

The audit, published by the Office of Internal Audit and Program Integrity, found that Rhode Island paid around $6.1 million dollars for electricity and gas usage between August and October last year.

According to the audit, the overcharge was a result of RIE failing to apply $2 million worth of net metering credits — which are provided in exchange for excess renewable energy — to the bill…

Story continues

TRENDING NOW

LATEST LOCAL NEWS