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 the retention of expert consultants and administrative costs associated with the energy efficiency and resource management council. The bill also eliminates the requirement for annual allocations to the Rhode Island infrastructure bank from demand-side management gas and electric funds.
The act mandates that electric distribution companies charge for demand-side management programs and maintain separate accounts for these and renewable energy programs, with oversight from the public utilities commission. It establishes a framework for the coordinated administration of electric and gas programs, allowing for the potential increase of charges for these programs after public hearings.
The act is set to take effect upon passage, signaling a significant shift in how utilities manage and report their expenses related to energy efficiency and renewable resources.
Statutes affected: 2516: 39-2-1.2