Politics & Government
See Newport Community Electric's Winter Rates Compared To RI Energy
City officials say Newport Community Electricity participants saved more than $140,000 from May through July.
NEWPORT, RI — The Newport Community Electricity program announced its new winter electricity supply prices, going into effect with the first November meter read.
City officials said the new prices are fixed for six months and will be adjusted to summer rates in May 2024. 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.
According to city officials, most participants in Newport’s program use “Newport Standard” which provides more renewable energy than RI Energy’s "Last Resort" service, and will still provide cost savings this winter.
Find out what's happening in Newportfor free with the latest updates from Patch.
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.
The table below shows the prices for residential customers. Prices for commercial and industrial customers can be found on the program website:
Find out what's happening in Newportfor free with the latest updates from Patch.
| Rhode Island Energy Last Resort Service (if you opt out) | Newport Basic | Newport Standard | Newport 50 | Newport 100 | |
| Residential price | 17.741 ¢/kWh | 17.430 ¢/kWh | 17.641 ¢/kWh | 18.462 ¢/kWh | 20.666 ¢/kWh |
| Voluntary renewable energy | None | None | Adds 5 percent voluntary renewable energy | Adds voluntary renewable energy to total 50 percent | Adds voluntary renewable energy to total 100 percent |
| Duration | October 2023 through March 2024 | November 2023 through April 2024 | November 2023 through April 2024 | November 2023 through April 2024 | November 2023 through April 2024 |
The city 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.
City officials said the vast majority of Newport's residential electricity users enrolled in the program, and collectively participants saved more than $140,000 from May through July, while supporting new, renewable energy facilities in Rhode Island. Savings upwards of $900,000 are expected by the end of the first six-month pricing term, city officials said.
For more information about Newport Community Electricity, visit the program website, or call the program’s supplier, NextEra Energy Service, at 877-323-3049.
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