Home Economy Economic Activity Rhode Island Energy expects big drop in summer electricity rates

Rhode Island Energy expects big drop in summer electricity rates

RHODE ISLAND Energy announced Thursday that some of its customers could see as much as a 40% drop in their electric bills this summer.

PROVIDENCE – Rhode Island Energy customers who are on the company’s default supply rate may see significantly lower bills this summer. The company on Thursday announced that electricity supply prices could drop as much as 40% for a typical residential customer using 500 kilowatts per hour and utilizing the Last Resort Service price. Small- to

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