NewInsight: Investor-owned utilities charge 23% more for power

Rhode Island Energy electricity rates

What homes pay Rhode Island Energy for electricity, from EIA.

Investor-owned utility, 463,936 homes in Rhode Island. EIA lists it as The Narragansett Electric Co.

Headlines

Average price
29.3¢ a kWh
No year to compare
Average bill
$160 a month
No year to compare
Average use
546 kWh
A month. Rhode Island 550 kWh
Price rank in Rhode Island
1 of 1
1 is the most expensive

Over the 12 months to August 2026, Rhode Island Energy homes paid 29.3¢ a kWh, against 29.4¢ across Rhode Island.

Rhode Island Energy vs Rhode Island

Rhode Island EnergyRhode Island
Average price, 12 months to August 202629.3¢29.4¢
Price in August 202627.5¢28.2¢
Average monthly bill, 12 months$160$162
Bill in August 2026$160$176
Average monthly use546 kWh550 kWh
Price change, past year–+1.2%
Price change since 2019+36%+35%

Electricity price

Average residential price a kilowatt-hour, by month.

Up to and including August 2026

Average monthly bill

What an average home pays a month.

Up to and including August 2026