The bill amends Section 39-2-1.2 of the General Laws concerning the duties of utilities and carriers, specifically addressing utility base rates related to advertising, demand-side management, and renewable energy programs. It repeals the energy efficiency charge and removes provisions that allocate funds for administrative costs associated with energy efficiency and resource management programs. The bill also eliminates the requirement for the commission to allocate funds to the Rhode Island Infrastructure Bank for energy efficiency and renewable energy projects.

The act establishes a framework for electric and gas distribution companies to fund demand-side management programs, but it does not include specific charges per kilowatt-hour and deca therm delivered as previously outlined. It mandates the creation of separate accounts for these programs and allows the Public Utilities Commission to adjust funding amounts after public hearings.

Additionally, the bill outlines the administration of renewable energy investment programs by the Rhode Island Commerce Corporation, emphasizing the need for transparent criteria in project selection. It includes provisions for low-income customer rates and allows for the potential coordination of electric and gas demand-side management programs. The act is set to take effect upon passage.

Statutes affected:
7174: 39-2-1.2