Rhode Island Energy Profit Margin Cap Bill
Sector: Power Transmission • Location: Providence, Rhode Island, United States
Source: The Providence Journal
A bill introduced by Rhode Island state Rep. Megan Cotter aims to cap Rhode Island Energy's profit margins at 4%, significantly lower than the current 9.275%. This legislation is a response to high electric rates affecting residents, particularly those on fixed incomes.
- Status
- Prospective
- Sector
- Power Transmission, Power Generation (CCGT), Government
- Location
- Providence, Rhode Island, United States of America
- Updated
- 22 Jul 2026
- Source
- The Providence Journal
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Project Information
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Sponsoring Agency |
Status
Original status | Proposed |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | A bill introduced by Rhode Island state Rep. Megan Cotter aims to cap Rhode Island Energy's profit margins at 4%, significantly lower than the current 9.275%. This legislation is a response to high electric rates affecting residents, particularly those on fixed incomes. |
Original sector | Energy |
Location
Country | United States of America (USA) |
State | Rhode Island |
City | Providence |
Source
Source | The Providence Journal |
URL |
More Details
Record type | Project |
Sector | Power Transmission, Power Generation (CCGT), Government |
Article published date | 2025-02-14 |
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