Personal Finance

See Narragansett's Summer Electric Rates Compared To RI Energy

Most participants use "Narragansett Standard" which provides more renewable energy than RI Energy's Last Resort Service.

NARRAGANSETT, RI — The Narragansett Community Electricity program announced its new summer electricity supply prices, going into effect with the first May meter read.

Town officials said the new prices are fixed for six months and will be adjusted to winter rates in November. Current participants do not need to take any action to remain in the program and receive the new pricing for the product in which they are currently enrolled.

Most participants in Narragansett’s program use “Narragansett Standard” which provides more renewable energy than RI Energy’s Last Resort Service and will still provide cost savings this summer, town officials said. The additional renewable energy is sourced entirely from local Rhode Island projects, including the Narragansett Bay Commission wind turbines at Fields Point in Providence, solar in West Greenwich and additional wind turbines in Coventry.

Find out what's happening in Narragansett-South Kingstownfor free with the latest updates from Patch.

The table below shows the prices for residential customers. Prices for commercial and industrial customers can be found on the program website:

Rhode Island Energy Last Resort Service (if you opt out)Narragansett BasicNarragansett StandardNarragansett 50Narragansett 100
Residential price10.068 ¢/kWh9.771 ¢/kWh10.014 ¢/kWh10.548 ¢/kWh12.977 ¢/kWh
Voluntary renewable energyNoneNoneAdds 5 percent voluntary renewable energyAdds voluntary renewable energy to total 50 percentAdds voluntary renewable energy to total 100 percent

The town is part of a group of seven cities and towns in Rhode Island which launched the state’s first municipal aggregation programs: Barrington, Central Falls, Narragansett, Newport, Portsmouth, Providence and South Kingstown. Each community launched their own distinct program in May 2023, but combined their buying power to procure a common electricity supplier, Next Era Energy Services.

Find out what's happening in Narragansett-South Kingstownfor free with the latest updates from Patch.

Narragansett participants annually purchase more than 2,847 megawatt-hours of voluntary renewable energy, equivalent to displacing over 2 million pounds of carbon dioxide emissions.

Have a news tip? Email jimmy.bentley@patch.com.

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