Rhode Island S2645 regulates electric-generating facilities from 2025, focusing on restructuring, retail access, and last-resort service.

Rhode Island S2645 applies to electric-generating facilities from January 1, 2025, concerning restructuring, retail access, and last-resort service. Electric distribution companies must file restructuring plans with the commission, including transferring ownership of generation facilities to separate affiliates. These companies must also offer retail access from nonregulated power producers to all customers and provide last-resort service for those who leave the standard offer. The commission reviews and approves these plans, ensuring they benefit consumers and comply with state law.

Rhode Island S2645 regulates electric-generating facilities from 2025, focusing on restructuring, retail access, and last-resort service.

Rhode Island S2645 applies to electric-generating facilities from January 1, 2025, concerning restructuring, retail access, and last-resort service. Electric distribution companies must file restructuring plans with the commission, including transferring ownership of generation facilities to separate affiliates. These companies must also offer retail access from nonregulated power producers to all customers and provide last-resort service for those who leave the standard offer. The commission reviews and approves these plans, ensuring they benefit consumers and comply with state law.