The bill amends the statutes related to public utilities and carriers in Rhode Island to enhance regional energy planning and procurement. Key provisions authorize public utility companies to engage in projects that facilitate the reliable transmission of nuclear power and/or large- or small-scale domestic or international hydroelectric power, as well as eligible renewable energy resources. The bill allows these utilities to procure nuclear power and enter into long-term contracts for its supply.

The legislation establishes new sections, including provisions for competitive solicitations for energy resources, and outlines the responsibilities of the public utilities commission. The commission is tasked with approving proposals for long-term contracts related to nuclear power, renewable energy resources, and natural-gas-pipeline infrastructure that align with state energy goals. It must ensure that the proposals from electric or gas distribution companies are commercially reasonable and serve the objectives of the chapter. Additionally, the commission is required to conduct public hearings and consider advisory opinions from relevant state agencies regarding the environmental and economic impacts of proposed projects.

The bill also includes a severability clause, ensuring that if any provision is held invalid, the remaining provisions will still be enforceable. The act will take effect immediately upon passage, facilitating the procurement of nuclear power and improving the state's energy infrastructure.

Statutes affected:
5575: 39-26.1-4