Products & Pricing

PRODUCTS & PRICING

The electricity supplier for Providence Community Electricity is NextEra Energy Services Rhode Island (NextEra). 

This page provides pricing for all Providence Community Electricity products, as well as Last Resort Service supply from Rhode Island Energy. You can compare monthly costs using our calculator here, and/or refer to the State of Rhode Island Public Utilities Commission and Division of Public Utilities and Carriers website for additional information.

Program Prices

  • Apply to service beginning and ending on the days of the month that your meter is read.
  • Include a fee of $0.001 per kilowatt-hour (kWh) for the City’s aggregation consultant. Any applicable taxes will be added to your bill by Rhode Island Energy.
  • Are available to any new residential or commercial customer. For new industrial customers, the supplier may choose to offer you a price that reflects market conditions. The supplier will ask you to confirm any such price before you are enrolled.

Renewable Energy

  • Rhode Island requires all electricity supply products to include a minimum amount of renewable energy, known as the Renewable Energy Standard (RES). 
  • Generation sources that qualify for the RES are known as RI New, must have been built after 1997, and be located within, or delivered to, New England (two percent may come from sources built prior to 1997, called RI Existing). 
  • All Providence Community Electricity products meet the minimum RES; some products contain voluntary renewable energy that exceed the RES.
  • The Providence Community Electricity Program sources all voluntary renewable energy above the RES from sources that qualify as RI New, come from solar, wind, anaerobic digestion, and low-impact hydro, and that are located only within New England. Learn more about the sources of Providence’s voluntary renewable energy here.

Switching Options: You may switch between program options at any time.

Renewal: At the end of the pricing term, you will be automatically renewed in your current product, which may have a new price and a different percentage of voluntary renewable energy as negotiated by the City. Pricing is expected to change every six to twelve months for Residential customers. The City will announce price changes at least 30 days before any such price change takes effect. Product details will always be available at this website.

Leaving the Program: You may leave the Program at any time without penalty.

Re-joining the Program: If you leave the Program, you may re-join at any time, however, the supplier may offer you a price that reflects market conditions at the time. The supplier will ask you to confirm any such price before you are enrolled.

Providence Community Electricity Products

PROVIDENCE STANDARD
(for automatic enrollment)
17.641 ¢/kWh - Residential
17.023 ¢/kWh - Commercial
9.993 ¢/kWh - Industrial
10.291 ¢/kWh (Residential) 9.685 ¢/kWh (Commercial) 8.720 ¢/kWh (Industrial)
Price Term November 2023 through May 2024 meter read dates - Residential & Commercial
February through May- Industrial
May through November 2024 meter read dates - Residential & Commercial May through July 2024 - Industrial
Total Renewables in 2024 33% total: 28% RI New to meet RES + 5% RI New added by Providence 33% total: 28% RI New to meet RES + 5% RI New added by Providence
PROVIDENCE
BASIC
17.430 ¢/kWh - Residential
16.812 ¢/kWh - Commercial
9.770¢/kWh - Industrial
10.048 ¢/kWh (Resindeital) 9.442 ¢/kWh (Commercial) 8.487 ¢/kWh (Industrial)
Price Term November 2023 through May 2024 meter read dates- Residential & Commercial
February through May- Industrial
May through November 2024 meter read dates - Residential & Commercial May through July 2024 - Industrial
Total Renewables in 2024 28% total: 28% RI New to meet RES 28% total: 28% RI New to meet RES
PROVIDENCE
50
18.462 ¢/kWh - Residential
17.860 ¢/kWh - Commercial
10.752¢/kWh - Industrial
11.116 ¢/kWh (Residential) 10.509 ¢/kWh (Commercial) 9.513 ¢/kWh (Industrial)
Price Term November 2023 through May 2024 meter read dates - Residential & Commercial
February through May 2024- Industrial
May through November 2024 meter read dates - Residenital & Commercial May through July 2024 - Industrial
Total Renewables in 2024 50% total: 28% RI New to meet RES + 22% RI New added by Providence 50% total: 28% RI New to meet RES + 22% RI New added by Providence
PROVIDENCE
100
20.666 ¢/kWh - Residential
20.066 ¢/kWh - Commercial
12.985 cents ¢/kWh - Industrial
13.545 ¢/kWh (Residential) 12.932 ¢/kWh (Commercial) 11.846 ¢/kWh (Industrial)
Price Term November 2023 through May 2024 meter read dates - Residential & Commercial
February through May 2024- Industrial
May through November 2024 meter read dates - Residentla & Commercial May through July 2024 - Industrial
Total Renewables in 2024 100% total: 28% RI New to meet RES + 72% RI New added by Providence 100% total: 28% RI New to meet RES + 72% RI New added by Providence
RHODE ISLAND ENERGY
LAST RESORT SERVICE
(if you opt out)
17.741 ¢/kWh - Residential
17.123¢/kWh - Commercial
18.261 ¢/kWh - Industrial
10.377 ¢/kWh (Residential) 9.864 ¢/kWh (Commercial) 8.038 ¢/kWh (Industrial)
Price Term October 2023 through April 2024 - Residential & Commercial
December 2023 - Industrial
Apr. 1 through Sept. 30, 2024
Total Renewables in 2024 28% total: 28% RI New to meet RES 28% total: 28% RI New to meet RES