The South Kingstown Community Electricity program is announcing new winter electricity supply prices to go into effect beginning with the November meter read. 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.
Most participants in South Kingstown’s program use “South Kingstown Standard” which provides more renewable energy than RI Energy’s Last Resort Service, and will still provide cost savings this winter. 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 compared to RI Energy. Prices for Commercial and Industrial customers can be found on the Program website:
| Rhode Island Energy Last Resort Service (if you opt out) | South Kingstown Basic | South Kingstown Standard (Community Default) | South Kingstown 50 | South Kingstown 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% voluntary renewable energy (RI New RECs) | Adds voluntary renewable energy (RI New RECs) to total 50% | Adds voluntary renewable energy (RI New RECs) to total 100% |
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 South Kingstown Community Electricity Program cannot guarantee savings compared to Rhode Island Energy Last Resort Service for the duration of the Program pricing because future Last Resort Service prices are unknown. |
South Kingstown is part of a group of seven municipalities who shared in launching the first municipal aggregation programs in Rhode Island. Barrington, Central Falls, Narragansett, Newport, Portsmouth, Providence, and South Kingstown are all working with Good Energy as their consultant and share a common electricity supplier and pricing
This May 2023, the Town launched its electricity supply program, South Kingstown Community Electricity, offering residents and businesses cleaner electricity at a lower cost than the utility.
The voluntary renewable energy content in the Program’s standard and optional products comes from projects that qualify as RI New and makes a sizable impact on the Town’s carbon footprint. In the first three months of the program, participants purchased more than 1,500 megawatt-hours of voluntary renewable energy, equivalent to displacing over 1,100,000 pounds of carbon dioxide emissions. This equates to taking 475 gasoline-powered vehicles off the road since the program launched three months ago.
The vast majority of the Town’s residential electricity users enrolled in the program, and collectively participants saved more than $220,000 from May through July, while supporting new, renewable energy facilities here in Rhode Island. Savings upwards of $100,000 are expected by the end of the first six month pricing term.
This is a Town-operated program open to all South Kingstown residents and businesses. To join, complete the enrollment form on the program website: Electricity.SouthKingstownRI.com or call the program’s supplier, NextEra Energy Services Rhode Island, at (888) 387-1084. Participants may leave the program at any time without fees or penalties. Visit the program website to review all program options available and to submit any questions via the program contact form: Electricity.SouthKingstownRI.com.