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hcwhitewolf t1_jan3zm0 wrote

For anyone that was curious, the first column is the residential rate, so 10.675 cents per kWh

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cowperthwaite t1_jancfo2 wrote

For anyone in Providence, they're moving to an aggregate electric supply situation. The rates for April to September, under that program, are:

if you stick with RI Energy, the rate is is 9.71 ¢/kWh

"Providence Basic:" 9.151 ¢/kWh

"Providence Standard (automatic)": 9.361 ¢/kWh

"Providence 50": 10.222 ¢/kWh

"Providence 100": 12.321 ¢/kWh

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bluehat9 t1_jane9k3 wrote

Thank god. I was going to be pretty angry if they tried to keep those inflated rates now that natural gas has come back down from the peak

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GotenRocko t1_jantwef wrote

its still high compared to previous summers. Last summer it was 7.810/kwh, so this proposed rate of 10.675/kwh is a 36% increase over last year. Higher than the winter 2021 rate.

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Stoicdadman t1_jany561 wrote

That's the new game with utilities. Over Inflate and settle back significantly higher than if you tried to bump the rate up, then it won't "feel" as bad for people. It's win/win for them.

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dupattaluella t1_jaol76e wrote

They usually lower them in the spring/summer. They often raise them in the fall/winter.

2

administrativenothin t1_jaowzax wrote

Thank goodness. I saw new electricity rates and thought they were going up again.

1