Thursday, March 27, 2025
Rates Set to Drop in Time for Summer NEWPORT, R.I. (THURSDAY, MARCH 27, 2025) – Newport Community Electricity customers can expect lower bills this summer. The Newport Community Electricity program has set its new electricity supply rates, effective with the May 2025 meter read. Prices will decrease significantly, dropping from 16.287 cents/kWh this past winter to 10.014 cents/kWh for the City’s default electricity option. These rates will be fixed for six months, through customers’ November 2025 meter read. Current participants do not need to take any action to continue in the program and will automatically receive the new pricing for their enrolled product. This May marks two years of Newport Community Electricity serving the community. The City is proud to have fulfilled the program’s goals of providing residents and businesses with cleaner electricity at competitive prices. Most participants in Newport’s program use “Newport Standard,” which offers more renewable energy than RI Energy’s Last Resort Service while still delivering cost savings this summer. The additional renewable energy is sourced exclusively from local Rhode Island projects, including the Narragansett Bay Commission wind turbines at Fields Point in Providence, solar installations in West Greenwich, and additional wind turbines in Coventry. The table below outlines electricity rates for residential customers compared to RI Energy. Rates for commercial and industrial customers can be found on the program’s website: newportcommunityelectricity.com. Newport is one of seven municipalities that jointly launched Rhode Island’s first municipal aggregation programs. Partnering with Good Energy as their consultant, Barrington, Central Falls, Narragansett, Newport, Portsmouth, Providence, and South Kingstown share a common electricity supplier and pricing. The voluntary renewable energy content in the program’s standard and optional products comes from projects that qualify as RI New, making a significant impact on the City’s carbon footprint. Each year, Newport participants purchase more than 4,286 megawatt-hours of voluntary renewable energy, offsetting over 3,060,200 pounds of carbon dioxide emissions. This City-operated program is open to all Newport residents and businesses. To enroll, complete the enrollment form at newportcommunityelectricity.com or call the program’s supplier, NextEra Energy Services Rhode Island, at (855) 743-1101. Participants may leave the program at any time without fees or penalties. Visit the program website to explore all available options and submit any inquiries via the contact form: newportcommunityelectricity.com.
Rhode Island Energy Last Resort Service (if you opt out)
Newport Basic
Newport Standard (Community Default)
Newport 50
Newport 100
Residential Price
10.068 ¢/kWh
9.771 ¢/kWh
10.014 ¢/kWh
10.548 ¢/kWh
12.977 ¢/kWh
Voluntary Renewable Energy
No additional renewable energy
Adds 5% voluntary renewable energy (RI New RECs)
Adds voluntary renewable energy (RI New RECs) to total 50%
Adds voluntary renewable energy (RI New RECs) to total 100%
Duration
Apr. 1 through Sept. 30, 2025
May through November 2025 Meter Reads
The Last Resort Service Rate above reflects the total rate as filed by Rhode Island Energy in dockets PUC 25-03-EL and the rate has not yet been approved by the PUC as of March 17, 2025. The Newport Community Electricity Program cannot guarantee savings compared to Rhode Island Energy Last Resort Service for the duration of the Program pricing because future Last Resort Service prices are unknown.