Legislation Introduced on Behalf of the Lt. Governor
H 6171: Encouraging competition in the energy market
Creates a program that requires electric companies to bear the risks related to nonpayment by customers. This reduces the barriers that competitive suppliers face to entering the electric market and lowers costs for consumers.
H 6182: Lowering energy costs by properly accounting for incentive payments
Requires the Public Utilities Commission to account for incentive payments that are paid to utility companies by using those payments to reduce profit levels during rate approval cases, thereby reducing rates.
H 6184: Preventing electric rate increases to fund gas supply expansion
Prevents electric distribution companies from charging electric customers costs related to the construction or expansion of natural gas pipelines or related facilities.
H 6188: Lowering energy costs by limiting profits through revenue decoupling
In states without revenue decoupling, a utility company’s revenue is tied to its sales. In states with revenue decoupling, like Rhode Island, a utility company’s revenue is tied to a formula and not its sales. This formula is designed to reduce risk to a utility’s shareholders. This bill permits the Public Utilities Commission to take the reduced risk into account when setting a utility company’s approved profit level, which reduces electric rates and saves money for all ratepayers.
H 6190: Improving utility responsiveness to ratepayers
Requires all public utilities to provide prompt and adequate customer service to their ratepayers including: timely installation of new and upgraded service; status updates regarding installation and upgrade wait times; itemized bills to ratepayers following any installation, construction, site visit or service and itemized written estimates prior to any installation, construction, site visit or other service.
H 8284/S 2807: Regionalizing municipal services to Enables cities and towns to evaluate and establish Regional Emergency Communication Districts.
S 238: Creating municipal efficency to realize taxpayer savings
Increases from 3 to 5 years the interval of time within which a city or town must conduct an update of its last property revaluation.