SOUTH KINGSTOWN, RI — The Providence Community Electricity program announced its new winter electricity supply prices, going into effect with the first November meter read.
City officials said the new prices are fixed for six months and will be adjusted to summer rates in May 2024. Current participants do not need to take any action to remain in the program and receive the new pricing for the product in which they are currently enrolled.
“Since taking office, I have prioritized building partnerships and supporting initiatives that create a more sustainable, resilient city,” Mayor Brett Smiley said. “By integrating renewable energy into the default electricity option, the Providence Community Electricity Program remains the easiest way for our community to reduce their carbon footprint, save money on their electricity bills and join our collective efforts to build a healthier future for generations to come.”
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The standard option for Providence Community Electric offers 5 percent more renewable energy than Rhode Island Energy’s Last Resort service, while also saving participants more than $1.4 million from May 2023 to August 2024, city officials said. The additional renewable energy is sourced entirely from local Rhode Island projects, including the Narragansett Bay Commission wind turbines at Fields Point in Providence, solar in West Greenwich and additional wind turbines in Coventry.
The table below shows the prices for residential customers. Prices for commercial and industrial customers can be found on the program website:
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The city is part of a group of seven cities and towns in Rhode Island which launched the state’s first municipal aggregation programs: Barrington, Central Falls, Narragansett, Newport, Portsmouth, Providence and South Kingstown. Each community launched their own distinct program in May 2023, but combined their buying power to procure a common electricity supplier, Next Era Energy Services.
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