PPL acquisition of Narragansett Electric closes – Providence Business First – PPL At A Glance

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We look forward to partnering with the state on many other initiatives that can help advance our ambitious decarbonization goals and allow more businesses to realize the full potential of renewable energy.

Funding for the contribution came from PPL as part of a settlement agreement the company made with the Rhode Island attorney general’s office prior to completing the purchase of Narragansett Electric from National Grid USA.

The company plans to provide an update on those commitments in the weeks ahead. Rhode Island Energy provides essential energy services to over , customers across Rhode Island through the delivery of electricity or natural gas. Our team is dedicated to helping Rhode Island customers and communities thrive, while supporting the transition to a cleaner energy future. Read more. Read the Sustainability Report. Loading data More than 6, employees.

Interested nonprofit organizations may register for the virtual information session by following this registration link. Applications for the initial round of Empowering Communities grants will be accepted from Sept. PPL Foundation is an independent, non-profit organization. Through strategic partnerships, the PPL Foundation supports nonprofit organizations that are engaged in innovative and groundbreaking work to create vibrant, sustainable communities; advance diversity, equity and inclusion; and support children’s success from cradle to career in both Pennsylvania and Rhode Island.

Rhode Island Energy provides essential energy services to over , customers across Rhode Island through the delivery of electricity or natural gas. It missed an opportunity to return money to Rhode Islanders by failing to require PPL to provide entirely justifiable rate credits, which this agreement now includes.

It failed to ensure adequate storm response given that PPL has its main base of operations significantly farther away than National Grid does. Wherever and whenever necessary, this Office will continue to fight for Rhode Islanders. Because Rhode Islanders deserve no less.

As is standard practice in transactions of this nature, as the seller, National Grid will continue to provide some transition services to the Rhode Island business to maintain operational continuity. See: here , here , and here. Can you help Uprise RI? Did you enjoy this article? LOVED it!

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Most REF funding comes читать the “system benefit charge” on electric bills and alternative compliance payments received from retail electricity providers. A natural gas control room will also be constructed there. Learn about how we operate.

 
 

Rhode Islanders see 47% increase in their electricity bills – The Brown Daily Herald.New Narragansett Electric owner PPL Rhode Island Energy

 
 
Newsletter archives. About 7, megawatts of regulated generation capacity. The company maintains more than 48, miles of power lines and is an industry leader in using automated power restoration technology to strengthen reliability. More: RI Gov. About Rhode Island Energy Rhode Island Energy provides essential energy services to over , customers across Rhode Island through the delivery of electricity or natural gas. As a FORTUNE company and one of the largest utility companies in the United States, our companies in Kentucky and Pennsylvania are committed to providing essential energy in extraordinary ways, and we deliver.

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