The resolution emphasizes the importance of addressing climate change impacts as a fundamental responsibility of all state departments and agencies in Rhode Island, as outlined in the state's General Laws. It highlights that current electric rates are hindering the state's decarbonization efforts, particularly in the areas of building and transportation electrification. To address this issue, the resolution calls for a comprehensive report from the Rhode Island Public Utilities Commission (PUC), Office of Energy Resources (OER), and Department of Environmental Management (DEM) with stakeholder input. The report will focus on identifying issues with the current electric rate structure and exploring potential reforms to ensure that electric rates do not obstruct the state's climate goals.
The resolution specifically requests that the report consider how electric rates can support electrification efforts while minimizing impacts on ratepayers, especially those with low and moderate incomes. It also asks for an evaluation of how the 2025 Climate Action Strategy should incorporate rate reform and what alternative rate designs the electric distribution company should propose in future rate cases. The findings and recommendations from this study are to be submitted to the House by September 1, 2025, and the Secretary of State is tasked with transmitting certified copies of the resolution to the relevant officials.