Third-Party Electric Suppliers Have Overcharged Rhode Island Residents $62 Million Since 2017
Most of Rhode Island is served by one utility, Rhode Island Energy, and they have a monopoly over the distribution of electricity (poles, wires, meters, billing), but not over the supply of electricity. This leaves residents of Rhode Island with three choices as to who to buy their electricity supply from: “Last Resort” power from the Rhode Island Energy, their city or town through municipal aggregation (if the community has a program), or from a third-party, sometimes called a competitive supplier.