Barrington Local Energy Program Offers Cheaper Winter Rates Than Rhode Island Energy
What happened
Barrington officials set the winter pricing for the Barrington Community Electricity program at 16.929 per kilowatt hour. The program stated this rate is less than Rhode Island Energy’s residential supply while offering 5% more clean energy from Rhode Island sources. Residents enrolled in the program will also receive bill credits that keep their total winter bills at or below the cost from the summer.
From eastbayri.com
Why it matters
The local program's pricing and commitment to utilizing local Rhode Island projects introduce competitive pressure into the state's energy market. The program also provides bill credits to enrolled residents to offset rising supply prices.
From eastbayri.com
Who's involved
- BarringtonTown running the local electricity program
- Rhode IslandState whose energy market is affected and whose sources are utilized
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- Rhode IslandSpeculative
The state of Rhode Island might face competitive pricing and local renewable sourcing pressure in its energy market.
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The entities involved
-
Barrington
town in Bristol County, Rhode Island, United States
-
Good Energy
electricity and gas supplier in the United Kingdom
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