summary
Introduced
05/04/2017
05/04/2017
In Committee
05/04/2017
05/04/2017
Crossed Over
Passed
Dead
12/01/2017
12/01/2017
Introduced Session
2017 Regular Session
Bill Summary
Permits, rather than requires, electricity and gas revenues to be decoupled from sales and require submission of a full rate filing every three (3) years by electric and gas distribution companies.
AI Summary
This bill permits, rather than requires, electricity and gas revenues to be decoupled from sales, which means the revenue of electric and gas distribution companies is no longer directly tied to the amount of electricity and gas they sell. The bill also requires these companies to submit a full rate filing, a comprehensive review of their rates and costs, every three years. The goal is to increase efficiency, invest in energy efficiency and infrastructure, and align the companies' financial incentives with customer interests.
Committee Categories
Business and Industry
Sponsors (1)
Last Action
Committee recommended measure be held for further study (on 05/16/2017)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location | Created |
|---|---|---|
| BillText | http://webserver.rilin.state.ri.us/BillText17/HouseText17/H6188.pdf | 05/05/2017 |
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