Electricity Rates in Rhode Island

Electricity Rates, Plans & Statistics

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Electricity Companies & Statistics in Rhode Island

Population
1,093,734
Total Production
8,437,179 MWh / 7.71 MWh per capita
Total Consumption
7,294,116 MWh / 6.67 MWh per capita
Total Production from Renewable
882,539 MWh / 0.81 MWh per capita
CO₂ Emissions from Consumption
2,958,919,463 kg / 2,705.34 kg per capita
Total Production from Non-Renewable
7,554,640 MWh / 6.91 MWh per capita

Average Residential Electricity Bills & Rates in Rhode Island

Rhode Island residential electric rates are highest in January and the highest average bill is in May.

Historical Electricity Rates:

48^th28.20¢Average residential price per kWh in the state of Rhode Island

44^th$157.23Average residential monthly electricity bill for Rhode Island Residents

Rhode Island Electricity Fuel Mix

MonthlyWe report production data as it is published. Due to reporting methods and timing, data from 2023 and 2022 may be incomplete. Data is released in full each fall for the previous calendar year. For clarification on any data points, please contact our team.

AnnualAnnual data for 2022 will be finalized in the fall of 2023. Until that time, some data may be incomplete. Data for 2023 is a summation of all information released to date, which may only represent a portion of the actual production that has occurred. For clarification on any data points, please contact our team.

Rhode Island's Electricity Prices and Usage

Customers in Rhode Island are faced with a higher residential electricity rate than many people in the United States, with an average state electric rate of 28.20 cents per kilowatt hour compared to the United States average price of 16.01 cents. Rhode Island ranks as the 48th lowest priced state in the US by average electricity rate. The state features a deregulated electricity market, where citizens are able to choose from multiple electricity companies out of the over 0 providers that operate in the state. The Narragansett Electric Co is the largest electricity provider in the state based on residential customer count. Citizens in the state consume 6.67 megawatt hours of electricity each, making the state the 49th highest ranked state based on use per capita. About 13.55% of the megawatt hours generated in the state are exported or stored and 86.45% of it is actively consumed by citizens. The state generates 8,437,179.06 megawatt hours from its power plants, which is the 48th largest total production for a state in the United States.

Residential Electricity Providers in Rhode Island

Provider	Service Type	Residential Rate (¢)	Residential Average Bill ($)	Residential Sales (MWh)	Residential Revenues ($)	State Production (MWh)
The Narragansett Electric Co	BUNDLED	27.40	151.75	2,373,891.31	650,421,241
Pascoag Electric Utility	BUNDLED	17.16	114.35	34,830.5	5,975,540
Block Island Power Company	BUNDLED	38.55	144.97	7,321.55	2,822,110	20

Commercial Electricity Providers in Rhode Island

Provider	Service Type	Commercial Rate (¢)	Commercial Average Bill ($)	Commercial Sales (MWh)	Commercial Revenues ($)	State Production (MWh)
The Narragansett Electric Co	BUNDLED	16.80	326.12	876,627.77	147,278,956
Block Island Power Company	BUNDLED	39.01	610.11	7,041.69	2,747,310	20
Pascoag Electric Utility	BUNDLED	19.72	107.91	3,565.21	703,120

Power Plants in Rhode Island

Plant	City/County	Primary Fuel Type	Production (MWh)	Emission (KG)	Emissions/MWh (KG/MWh)
Rhode Island State Energy CenterThe Carlyle Group (100.00%)	Providence County	Natural Gas	3,553,786	1,357,856,868.2	382.09
Manchester StreetManchester Street, LLC. (100.00%)	Providence	Natural Gas	1,685,764	710,927,795.27	421.72
Tiverton Power PlantEmera (100.00%)	Newport County	Natural Gas	1,062,072	411,312,365.1	387.27
Ocean State PowerLS Power (100.00%)	Providence County	Natural Gas	765,028	365,591,728.81	477.88
Ocean State Power IILS Power (100.00%)	Providence County	Natural Gas	708,046	323,997,975.48	457.59
Johnston LFG Turbine PlantRhode Island LFG Genco (100.00%)	Providence County	Landfill Gas	231,074.37	119,488,153.2	517.1
Toray Plastic America's CHP PlantToray Plastics America (100.00%)	Washington County	Natural Gas	151,321.8	78,388,297.12	518.02
Block Island Wind FarmDeepwater Wind Block Island LLC (100.00%)		Wind	88,604
University Solar, LLCAES Distributed Energy (100.00%)	Kent County	Solar	30,836
Gold Meadow FarmsCaptona Partners Solar I Finco LLC (100.00%)	Cranston	Solar	29,355

Quick Facts

Rhode Island generates 89.54% of their electricity from non-renewable fuel sources. This equates to 6.91 megawatt hours per resident and places Rhode Island as the 35th highest state for non-renewable generation per capita per year.

Rhode Island has seen an increase in electricity production from solar power of 23.59% year over year.

Rhode Island is 33rd highest in the US for electricity production from wind per capita, averaging 0.16 megawatt hours per person produced from wind.

Rhode Island ranks 32nd in the United States in solar power production, with 464,620.62 megawatt hours generated from solar power.

Rhode Island generates 10.46% of its electricity from renewable fuel sources, or 0.81 megawatt hours per citizen each year.

When comparing annual CO2 emissions per capita, Rhode Island saw a 12.14% increase over the preceding 12 months.

County	Population	Providers	Plants	Residential Rate (¢)	Residential Avg. Electric Bill
Bristol County	50,672	6	1	26.30	$146.05/mo
Kent County	171,275	6	15	26.30	$146.05/mo
Newport County	84,481	6	6	26.30	$146.05/mo
Providence County	657,288	7	40	24.08	$138.36/mo
Washington County	130,330	7	18	26.42	$146.04/mo

In Rhode Island, Natural Gas makes up 89.13% of the fuel sources utilized for electricity generation. Solar and Landfill Gas are also important fuel sources in the state, with 5.51% and 2.74% of total electricity generation being generated from each, respectively. The state is the 47th worst ranked state when it comes to total CO2 pollution, with the state consuming enough electricity to account for 2,958,919,463.03 kilograms of CO2 emissions. More telling of the state's emissions reality is the per resident CO2 totals. Currently that amount stands at 2,705.34 kilograms of CO2 emissions from electricity use, which results in the state ranking as the 41st highest state in the US for CO2 pollution released per capita. Rhode Island has the 36th highest amount of electricity generation plants of any state in the United States, with 88 plants. This translates to the 9th most plants per person in the United States.

NATURAL GAS

89.13%

SOLAR

5.51%

LANDFILL GAS

2.74%

WIND

2.08%

DISTILLATE FUEL OIL

0.39%

OTHER

0.15%

Rhode Island has 3 out of 3 electricity providers reporting that they offer net metering to residents with personal solar panels. At the state level, Rhode Island has favorable regulations for consumers interested in investing in solar.

In Rhode Island one company reports energy loss, The Narragansett Electric Co. They average an annual energy loss of 3.18%. With a national average of 2.87%, Rhode Island is ranked as the 24th best state in the nation.

State governments can help encourage private citizens to consider installing solar panels by promoting tax incentives and rebates to their populace. Rhode Island currently does not offer a state tax credit for solar panel installation at a private residence. The state offers rebates of over $500 to customers. Fortunately, Rhode Island offers a 100% tax exemption to homeowners. at their place of residence. The state provides a 100% sales tax exemption to homeowners who purchase private solar. This is great news for everyone in the state.

Consumers who are shopping for electricity plans that use renewable sources will have much better luck if there are state level initiatives that encourage green energy usage. Many states require renewable fuels to make up a percentage of the fuel used for electricity generation by electricity companies in the state. These requirements are referred to as Renewable Portfolio Standards (RPS). Electric suppliers in Rhode Island are required to generate a minimum of 16-24% of their output using renewable fuels. In addition, the state does not have any sort of low income solar programs that assist with the installation of solar panels at low income households.

Learn about going solar in Rhode Island, find out which system size is best for you, compare local installers and see which incentives are available in your area.

FAQ: Common Questions About Electricity in Rhode Island

How many power plants are in Rhode Island?

Rhode Island is home to 88 electricity plants producing electricity for the state.

Where does Rhode Island get its electricity?

Rhode Island's electricity is generated using primarily Natural Gas, which makes up 89.13% of the fuel used in the state. In addition, Solar makes up 5.51% and Landfill Gas makes up 2.74%.

What is a good electricity rate in Rhode Island?

The average rate of electricity in Rhode Island in 2024 is 28.20 cents per kilowatt hour (¢/kWh).

What electricity company is the largest provider in Rhode Island?

By total megawatt hours sold, The Narragansett Electric Co is the largest electricity provider in Rhode Island.

Does Rhode Island have a deregulated electricity market?

Yes, the state has a deregulated electricity market. This means that consumers in the state can choose from multiple electricity companies to supply their electricity.

What is the average electric bill in Rhode Island?

The average electricity bill in Rhode Island in 2024 is $157 while the national average is $138.

How many electric companies offer service in Rhode Island?

There are 3 electricity companies offering service in Rhode Island.

What electricity companies offer service in Rhode Island?

State Customers Rank	Provider	State Customers
1	The Narragansett Electric Co	395,760
2	Pascoag Electric Utility	4,959
3	Block Island Power Company	1,998

What is the cheapest electricity company in Rhode Island?

Residential Rate Rank	Provider	Residential Rate (¢)	State Customers
1	Pascoag Electric Utility	17.16	4,959
2	The Narragansett Electric Co	27.40	395,760
3	Block Island Power Company	38.55	1,998

Last Reviewed By: Nick Reese

Published: 2024-03-29