H7879

Rhode Island H7879 establishes the Thermal Energy Network and Jobs Act to study thermal energy technology and its potential for meeting climate goals.

Rhode Island H7879, known as the Thermal Energy Network and Jobs Act, aims to facilitate the study of thermal energy technology to determine if these goals can be met by the implementation of thermal energy networks in Rhode Island. The act mandates the Public Utilities Commission (PUC) to form a thermal energy network taskforce, an advisory committee to evaluate feasibility studies and pilot projects. The taskforce will identify funding mechanisms, assess benefits to communities, and ensure non-ratepayer funding sources are explored.