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Rhode Island Commission Approves Rhode Island Energy Rate Increases

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Sig3.60Sen+2.40Env0.00Soc-0.90Gov+0.20

On August 21, 2026, the Rhode Island Public Utilities Commission approved modified base electric and gas distribution rate increases for Rhode Island Energy. The decision authorizes annual revenue hikes of $44.1 million for electric and $93.7 million for gas, sets a 9.275% allowed return on equity with a 48/52 debt-to-equity structure, adds performance metrics, updates expense recovery and accounting, and requires a new tariff for extra-large electric loads by year-end 2026, with potential for a second rate year.

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