Rhode Island H7889 regulates electric-generating facilities from 1/1/25, focusing on restructuring, electricity sales, transmission, and last-resort.

Rhode Island H7889 amends laws to regulate electric-generating facilities from January 1, 2025, focusing on restructuring, electricity sales, transmission, and last-resort service. It mandates electric distribution companies to offer retail access from nonregulated power producers and arrange a standard power-supply offer for customers. The bill also requires companies to file restructuring plans for transferring ownership of generation facilities to separate affiliates.

Rhode Island H7889 regulates electric-generating facilities from 1/1/25, focusing on restructuring, electricity sales, transmission, and last-resort.

Rhode Island H7889 amends laws to regulate electric-generating facilities from January 1, 2025, focusing on restructuring, electricity sales, transmission, and last-resort service. It mandates electric distribution companies to offer retail access from nonregulated power producers and arrange a standard power-supply offer for customers. The bill also requires companies to file restructuring plans for transferring ownership of generation facilities to separate affiliates.