Submitted by shuckit401 t3_11q4v63 in providence
Anyone have any insight with this new electric company?
I've read about this companies connection to desantis and the GOP.
I also see that rates can change every 6 and 12 months.
You can OPT out interestingly, otherwise you are automatically enrolled.
Any insight/ opinions?
Kelruss t1_jc1v2tb wrote
It’s community choice aggregation by the City, the company is there because they provided the lowest bid, and they can be replaced when their contract is up. I’m sure it won’t surprise you, but PPL, who owns RI Energy, also financially supports Republicans. GoLocal wants a scandal because it’s GoLocal, but the City follows an RFP and bidding process that’s not about how a company donates, it’s about whether that company is fit for purpose in their proposal (often that means: the cheapest).
Bottom line: utility companies going to utility company. The difference here is that the goal is to shift us to renewables without wrecking our bank accounts, and ultimately to provide a cheaper greener service as more renewables come on line. My understanding is that they do that by negotiating energy prices as a collection of municipalities, rather than us as individual ratepayers being stuck with the whims of RI Energy and the PUC.
So you can either switch to the cheaper, greener option, or you can opt out.