Rhode Island

Rhode Island passed the Utility Restructuring Act of 1996, becoming one of the first states to deregulate its electricity market. The law separated the generation supply component from distribution, allowing commercial customers to choose an electric supplier while National Grid (now Rhode Island Energy) continues to deliver power and maintain wires. Businesses that do not switch remain on the utility’s standard offer service, but those who shop for electricity supply can select fixed‑ or variable‑rate plans, green energy options and contract lengths that fit their risk tolerance.

Comparing suppliers empowers Rhode Island businesses to manage energy budgets and support renewable resources. Competitive suppliers may offer long‑term fixed rates to protect against volatile wholesale prices, renewable energy certificates sourced from regional wind or solar projects, and value‑added programs such as demand response, lighting retrofits and energy efficiency audits. By coupling supplier savings with energy conservation measures like LED lighting upgrades, efficient HVAC equipment and building controls, companies can lower operating costs and reduce their environmental footprint.