The bill, HB 6204, repeals the energy efficiency charge and amends Section 39-2-1.2 of the General Laws in Chapter 39-2, which pertains to the duties of utilities and carriers. It introduces new provisions regarding utility base rates, specifically prohibiting public utilities from including advertising expenses in their base rates, except for educational or safety-related advertising. The bill mandates that electric distribution companies implement a charge per kilowatt-hour to fund demand-side management programs for a period of twenty years, while maintaining a separate account for renewable energy programs.

Additionally, it outlines the responsibilities of the Rhode Island Commerce Corporation in administering renewable energy investment programs and establishes criteria for evaluating renewable energy projects. The bill also includes provisions for gas distribution companies to implement a similar charge for demand-side management programs and establishes separate accounts for these programs. It allows for the coordinated administration of electric and gas demand-side management programs and outlines the process for the potential use of third-party administrators for energy efficiency programs.

Notably, the bill deletes several provisions related to the allocation of funds for administrative costs and the Rhode Island Infrastructure Bank, streamlining the funding process for energy efficiency and renewable energy initiatives. The act is set to take effect upon passage.

Statutes affected:
6204: 39-2-1.2