PROVIDENCE – Sen. V. Susan Sosnowski, D-South Kingstown, has submitted a package of legislation to promote renewable energy, energy efficiency and ensure that National Grid’s profits are set in a transparent process.
The first bill – S-0089 – would extend Rhode Island’s Renewable Energy Standard, which is set to expire in 2019, to 2035. Enacted in 2004, the standard requires National Grid to gradually increase the amount of renewable energy in the power it supplies its customers. The goal for 2019 is that 14.5 percent of electricity supplied to ratepayers will come from renewable sources.
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The second bill – S-0409 – would authorize the R.I. Public Utilities Commission to conduct a more comprehensive review when determining a utility’s profit by allowing the agency to consider the existence of other remuneration.
In 2014, these profits totaled almost $6 million.
The third bill – S-0410 – would require the R.I. Office of Energy Resources to assemble a task force to promote the development of markets for alternative renewable home heating and transportation fuel, such as clean-burning biodiesel fuels.
