Rhode Island State Funds

On December 21, in a ruling regarding dispensation of settlement funds, the Rhode Island Public Utilities Commission voted to provide $2 million to increase an existing low-income discount provided to customers of Narragansett Electric. The one-time funding of $2 million provided an additional $57 per year to about 35,000 low-income participants during 2006. Narragansett had attained $16.5 million in settlement funds through a bankruptcy proceeding with a generating company.

Page Last Updated: April 17, 2007