· RI legislature · 2025

AN ACT RELATING TO PUBLIC UTILITIES AND CARRIERS -- PUBLIC UTILITIES COMMISSION

Effective July 1, 2025, provides that, the profit margin of any electric distribution company or gas distribution company, would not exceed 4%, in any calendar year and defines a "profit margin" as the return on equity that is allowed by the commission.

Sponsor

Lori Urso (D-RI)

Introduced

2025-01-23

Policy area

Energy

Latest action

04/08/2025 Committee recommended measure be held for further study