Provides that any rate increase with respect to electric distribution companies would be no greater than the increase in the Consumer Price Index or f5.5%, whichever is greater, unless there is approval of a higher rate by the general assembly.

HB 7138 Provides that any rate increase with respect to electric distribution companies would be no greater than the increase in the Consumer Price Index or f5 5%, whichever is greater, unless there is approval of a higher rate by the general assembly

Rhode Island 2024 Regular Session

Provides that any rate increase with respect to electric distribution companies would be no greater than the increase in the Consumer Price Index or f5.5%, whichever is greater, unless there is approval of a higher rate by the general assembly.
HB-7138

About HB-7138

PUBLIC UTILITIES AND CARRIERS -- REGULATORY POWERS OF ADMINISTRATION - Provides that any rate increase with respect to electric distribution companies would be no greater than the increase in the Consumer Price Index or f5.5%, whichever is greater, unless there is approval of a higher rate by the general assembly.