summary
Introduced
03/01/2023
03/01/2023
In Committee
03/01/2023
03/01/2023
Crossed Over
Passed
Dead
06/16/2023
06/16/2023
Introduced Session
2023 Regular Session
Bill Summary
This act would require the office of energy resources to initiate the process of developing one or more programs, and associated funding mechanisms, for electric energy storage resources connected to the electric distribution system, including the incorporation of electric energy storage into existing programs. This act would take effect upon passage.
AI Summary
This bill aims to promote the deployment of energy storage resources in Rhode Island. It sets a target of 150 MW of energy storage capacity by 2027 and 500 MW by 2033. The bill requires the Office of Energy Resources to develop one or more programs and funding mechanisms to incentivize the installation of energy storage systems connected to the electric distribution system, including for residential, commercial, and industrial customers, as well as for systems installed in front of the electric meter. The bill also directs the electric distribution company to file a cost-of-service study and rate tariffs for front-of-the-meter energy storage systems. Additionally, the bill enables the electric distribution company to procure energy storage projects, including long-duration storage, through a competitive solicitation process, with the costs and revenues being passed through to customers.
Committee Categories
Business and Industry
Sponsors (2)
Last Action
Committee recommended measure be held for further study (on 03/30/2023)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://status.rilegislature.gov/ |
| BillText | https://webserver.rilegislature.gov/BillText23/HouseText23/H5850.pdf |
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