Rhode Island Energy (Narragansett Electirc Co): Rates and Coverage Area

Rhode Island Energy (Narragansett Electirc Co)

Electricity Rates, Plans & Statistics

High Power Bills?

Reduce or replace your electricity bill with solar

About Rhode Island Energy (Narragansett Electirc Co)

Rhode Island Energy (Narragansett Electirc Co) is an investor owned entity providing electricity in 8 different cities in Rhode Island including Providence, Warwick, Cranston, Pawtucket, and East Providence. A total of 363,496 customers (0.24% industrial accounts, 9.32% commercial accounts and 90.44% residential accounts) are provided electricity by the provider. Patrons of Rhode Island Energy (Narragansett Electirc Co) are billed an average residential electricity rate of 28.20 cents per kilowatt hour, which is 1.36% higher than Rhode Island's average price of 27.82 cents and 79.22% higher than the nationwide average of 15.74 cents. They had total sales and disposition of 4,408,942 megawatt hours in 2022, of which 95.01% were via sales to end users. Wholesale power purchases made up 100.00% of the total electricity sourced . Exactly 4,408,942 megawatt hours were procured via the wholesale electricity market. In 2022, the supplier made 72.47% of their revenue from retail electricity sales.

The nationwide average monthly residential power bill is $135.98, while the Rhode Island Energy (Narragansett Electirc Co) average is 17.63% higher at $159.96 per month. Rhode Island Energy (Narragansett Electirc Co) ranks 2435th in the nation for average monthly bill amount. Consumers of the supplier experience 0.81 power outages on average each year, with outages lasting around 63.2 minutes. The national averages for these data points are 1.45 outages at 171.11 minutes each. Electricity generation is not handled in house at the company, as they purchase electricity at wholesale rates to then be resold to their end users.

Rhode Island Energy (Narragansett Electirc Co) Net Metering

Rhode Island Energy (Narragansett Electirc Co) is one of 3 electricity suppliers in the state who offer net metering to their customers. The purchase of solar panels and alternative electricity sources is often prohibitively priced for citizens. Net metering allows purchasers of these electricity sources to sell extra wattage back to the grid, making the installation of these alternative sources economically viable.

Energy Loss

All electricity providers who generate electricity suffer from some energy loss from heat dissipation or alternative factors. Rhode Island Energy (Narragansett Electirc Co) is no exception, as they have an annual loss of around 4.71% of the aggregate electricity they transmit. These averages allow us to compare and contrast the various companies who operate around the United States. Rhode Island Energy (Narragansett Electirc Co) has earned a rank of 810th best out of 3526 suppliers who report energy loss in the country.

Rhode Island Energy (Narragansett Electirc Co) Rate & Electric Bills

Rhode Island Energy (Narragansett Electirc Co) residential electric rates are highest in October and the highest average bill is in July.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.318/kWh$0.161/kWh$207.12/mo.$79.01/mo.
2884th28.20¢Rhode Island Energy (Narragansett Electirc Co)'s Average residential price per kWh
2435th$159.96Average monthly electricity bill for Rhode Island Energy (Narragansett Electirc Co)'s residential customers

Go Solar for less than your cell phone bill.

Rhode Island Energy (Narragansett Electirc Co) Overview

  • Company Type:Investor Owned
  • Parent Company:National Grid
  • Headquarters:280 Melrose Street
    Providence, Rhode Island 02907
    United States of America
  • CEO:Badar Khan

Rhode Island Energy (Narragansett Electirc Co) Contact

Rhode Island Energy (Narragansett Electirc Co) Service

Energy provider of the year for Rhode Island, Major Provider Category
Top 3 Lowest Energy Loss
Rhode Island, Major Provider Category
Claim Award
Energy provider of the year for Rhode Island, Major Provider Category
Top 3 Lowest Energy Loss
Rhode Island, Major Provider Category
Claim Award
Energy provider of the year for Rhode Island, Major Provider Category
Top 3 Lowest Energy Loss
Rhode Island, Major Provider Category
Claim Award

Energy Loss

Rhode Island Energy (Narragansett Electirc Co)'s energy loss due to business operations.

-4.71%

Total Energy Loss

207,768MWh

810 National Rank

Grid Reliability

Length & Frequency of Rhode Island Energy (Narragansett Electirc Co)'s Power Outages

63.2 min.

vs. national average of 171.11 min.

0.81 outages/yr

vs. national average of 1.45

Go Solar for less than your cell phone bill.

Rhode Island Energy (Narragansett Electirc Co) Coverage Map

Coverage Map Placeholder

Rhode Island Energy (Narragansett Electirc Co) State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Rhode Island363,497817,088,5291100%

Rhode Island Energy (Narragansett Electirc Co) County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Bristol County50,672130.65$168.85/mo
Kent County171,275130.65$168.85/mo
Newport County84,481130.65$168.85/mo
Providence County657,288230.60$168.61/mo
Washington County130,330230.76$168.69/mo

Cities Rhode Island Energy (Narragansett Electirc Co) Has Coverage

* City coverage generated based on government data. Always verify you can get service from the provider.

Rhode Island Energy (Narragansett Electirc Co) Reviews

Write a Review of Rhode Island Energy (Narragansett Electirc Co)

Rhode Island Energy (Narragansett Electirc Co) FAQ:

How many counties does Rhode Island Energy (Narragansett Electirc Co) offer service in?

Rhode Island Energy (Narragansett Electirc Co) provides electricity in 5 counties.

How much is the average bundled bill for Rhode Island Energy (Narragansett Electirc Co) customers each month?

Consumers of Rhode Island Energy (Narragansett Electirc Co) pay, on average, a monthly bundled bill of $159.96.

What is the phone number for Rhode Island Energy (Narragansett Electirc Co)?

Rhode Island Energy (Narragansett Electirc Co)'s customer service phone number is (855) RIE-1101

Who is the CEO of Rhode Island Energy (Narragansett Electirc Co)?

The CEO of Rhode Island Energy (Narragansett Electirc Co) is Badar Khan.

When will Rhode Island Energy (Narragansett Electirc Co) power be restored?

Rhode Island Energy (Narragansett Electirc Co)'s outages last, on average, roughly 63.2 minutes per outage.

Does Rhode Island Energy (Narragansett Electirc Co) have a parent company?

Rhode Island Energy (Narragansett Electirc Co) is a subsidiary of National Grid.

What is the average bundled electricity rate for Rhode Island Energy (Narragansett Electirc Co) customers?

Rhode Island Energy (Narragansett Electirc Co)'s current average bundled electricity rate is 28.20 cents per kilowatt hour (¢/kWh), compared to the average Rhode Island bundled rate of 27.82 cents and the average United States rate of 15.74 cents.

What cities does Rhode Island Energy (Narragansett Electirc Co) provider electricity in?

Rhode Island Energy (Narragansett Electirc Co) has customers in 8 cities in the US including Rhode Island.

Alex Zdanov
Last Reviewed By: Alex Zdanov
Published: 2024-07-29