Rhode Island House Bill H7523

Rhode Island 2026 Regular Session

• Introduced: 2/6/26
• Refer: 2/6/26

Caption

Establishes a five (5) year moratorium from July 1, 2026, until June 30, 2031, on the RE growth program charge, renewable energy distribution charge and the energy efficiency programs public policy charges on electricity bills.

Impact

Should H7523 be enacted, it would significantly alter the existing landscape of charges associated with renewable energy and energy efficiency. The moratorium would prevent electric distribution companies from imposing specific fees on ratepayers, thereby potentially impacting funding for renewable projects and energy efficiency initiatives. These charges have historically supported programs that promote sustainable energy practices and assist in reducing electricity consumption through efficiency measures. The halt in charges could, however, lead to short-term savings for consumers while raising concerns about the long-term viability of these programs.

Summary

House Bill H7523 proposes a five-year moratorium from July 1, 2026, until June 30, 2031, on specific charges that affect electricity bills related to renewable energy growth programs and energy efficiency programs. The objective of the bill is to alleviate the financial burden on consumers by suspending the collection of charges that support these programs during the moratorium period. This measure is presented as a way to provide immediate financial relief to residents and businesses amid rising costs of living and energy usage concerns.

Contention

The bill has elicited a range of opinions among legislators and stakeholders. Proponents argue that the financial relief is necessary for constituents facing economic hardships and that a pause on these charges provides immediate aid. Opponents, including advocates for renewable energy and energy efficiency programs, express concerns that the moratorium could undermine the progress made in renewable energy initiatives and energy conservation efforts. They caution that reducing funding for such programs could hamper their effectiveness and sustainability, ultimately impacting future energy rates and environmental goals.