Bill > H6316

This bill requires Rhode Island Energy, a public utility, to enter into at least one long-term contract of no less than four years to procure natural gas pipeline capacity from an interstate pipeline operator. By mandating this long-term procurement arrangement, the bill aims to potentially improve natural gas infrastructure and supply reliability for the state. The bill would amend Chapter 39-1 of the Rhode Island General Laws, specifically adding a new section that outlines this requirement for Rhode Island Energy. The legislation is straightforward and would take effect immediately upon its passage, meaning the utility would be obligated to secure the long-term pipeline capacity contract shortly after the bill becomes law.

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