Repeals the renewable energy growth program in Rhode Island.
The bill repeals the renewable energy growth program, which was designed to finance the development, construction, and operation of renewable energy distributed-generation projects through a performance-based incentive system. The program aimed to achieve specified megawatt targets at reasonable cost through competitive bidding, with the intention of meeting the state's climate and resilience goals. The repeal will take effect on January 1, 2027.
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