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Rhode Island Electricity Utilities & Rates
35 electric utilities serve Rhode Island · EIA Form 861 2025, with monthly prices through August 2026
Utilities
35
Customers
531,098
Electricity sold
7,438 GWh
Residential rate (2025)
29.48¢
Avg residential bill
$166/mo
Residential price (August 2026)
28.18¢
Average Rhode Island electricity prices, 2025
| Customer class | Avg price | Avg monthly use | Avg monthly bill |
|---|---|---|---|
| Residential | 29.48¢ | 562 kWh | $165.62 |
| Commercial | 23.40¢ | 4,718 kWh | $1,103.72 |
| Industrial | 21.40¢ | 30,511 kWh | $6,530.72 |
EIA Form 861 average-bill tables for 2025: total class revenue divided by sales and customers as filed. Prices are average realized rates, blending fixed and variable charges - not any single tariff.
Latest monthly prices (EIA-861M, preliminary)
| Period | Residential | Commercial | Industrial | All sectors |
|---|---|---|---|---|
| August 2026 | 28.18¢ | 23.31¢ | 19.87¢ | 25.34¢ |
| 2026 year-to-date | 29.05¢ | 23.68¢ | 21.57¢ | 25.84¢ |
Electric utilities serving Rhode Island
| Utility | Ownership | Customers in state | Sales (GWh) | Residential rate |
|---|---|---|---|---|
| The Narragansett Electric Co | Investor Owned | 375,694 | 3,137 | 29.45¢ |
| NextEra Energy Services, LLC | Retail Power Marketer | 95,078 | 858 | 13.34¢ |
| Constellation NewEnergy, Inc | Retail Power Marketer | 8,848 | 1,186 | — |
| SmartEnergy Holdings, LLC | Retail Power Marketer | 7,629 | 48.0 | 16.93¢ |
| Town Square Energy | Retail Power Marketer | 7,239 | 41.4 | 17.74¢ |
| Clearview Electric Inc. | Retail Power Marketer | 5,820 | 31.8 | 22.90¢ |
| Clear River Electric and Water District | Municipal | 4,999 | 55.4 | 19.06¢ |
| Sunrun Inc. | Behind the Meter | 3,605 | 24.3 | 28.90¢ |
| Adjustment 2025 | 3,543 | 88.9 | 12.68¢ | |
| First Point Power, LLC | Retail Power Marketer | 3,429 | 232 | 12.86¢ |
| Think Energy, LLC | Retail Power Marketer | 2,486 | 27.7 | 12.73¢ |
| North American Power and Gas, LLC | Retail Power Marketer | 2,173 | 15.2 | 17.02¢ |
| Block Island Utility District | Political Subdivision | 2,024 | 14.8 | 38.67¢ |
| Direct Energy Services | Retail Power Marketer | 1,754 | 14.5 | 15.35¢ |
| Discount Power Inc - (CT) | Retail Power Marketer | 1,368 | 7.6 | 22.17¢ |
| Nordic Energy Services, LLC | Retail Power Marketer | 1,283 | 5.4 | 15.46¢ |
| Ambit Energy Holdings, LLC | Retail Power Marketer | 760 | 6.6 | 15.11¢ |
| Direct Energy Business | Retail Power Marketer | 754 | 915 | — |
| Hampshire Power Corporation | Retail Power Marketer | 500 | 17.5 | 11.08¢ |
| Archer Energy, LLC | Retail Power Marketer | 459 | 10.4 | 13.78¢ |
| ENGIE Resources LLC | Retail Power Marketer | 378 | 151 | — |
| Tesla Inc. | Behind the Meter | 309 | 2.9 | 22.07¢ |
| XOOM Energy Rhode Island, LLC | Retail Power Marketer | 250 | 2.2 | 16.04¢ |
| National Gas & Electric, LLC | Retail Power Marketer | 234 | 1.3 | 15.68¢ |
| EverBright, LLC | Behind the Meter | 184 | 1.4 | 25.55¢ |
| Palmetto Solar, LLC | Behind the Meter | 114 | 0.7 | 25.30¢ |
| BP Energy Retail LLC | Retail Power Marketer | 53 | 192 | — |
| Major Energy Electric Services | Retail Power Marketer | 37 | 0.2 | 16.85¢ |
| MP2 Energy LLC | Retail Power Marketer | 31 | 76.4 | — |
| SmartestEnergy US LLC | Retail Power Marketer | 24 | 32.7 | — |
| Champion Energy Services | Retail Power Marketer | 18 | 18.8 | — |
| Calpine Energy Solutions, LLC | Retail Power Marketer | 14 | 197 | — |
| Ahana Renewables, LLC | Behind the Meter | 5 | 13.1 | — |
| Freedom Energy | Retail Power Marketer | 1 | 0.7 | — |
| Devonshire Energy, LLC | Retail Power Marketer | 1 | 11.3 | — |
Cheapest residential electricity in Rhode Island (2025)
- Think Energy, LLC - 12.73¢
- First Point Power, LLC - 12.86¢
- NextEra Energy Services, LLC - 13.34¢
- Direct Energy Services - 15.35¢
- Nordic Energy Services, LLC - 15.46¢
- SmartEnergy Holdings, LLC - 16.93¢
- North American Power and Gas, LLC - 17.02¢
- Town Square Energy - 17.74¢
- Clear River Electric and Water District - 19.06¢
- Discount Power Inc - (CT) - 22.17¢
Source: U.S. Energy Information Administration, Forms EIA-861 (2025) and EIA-861M (monthly, preliminary).
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