AN ACT RELATING TO PUBLIC UTILITIES AND CARRIERS -- PUBLIC UTILITIES COMMISSION -- UTILITY OWNERSHIP OF ELECTRIC GENERATING FACILITIES

Summary

The bill forces Rhode Island electric distribution companies to file plans that move their power‑plant ownership to a non‑regulated affiliate at book value. It also sets standards for tariffs, mandates retail access within a set timeline, and bars the utilities from selling electricity at retail after the transfer. The changes aim to separate generation from distribution and increase competition.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

Topics

Share