Electricity Market Structure
Rhode Island's electricity market opened to competition in July 1997 and was the first State in the nation to allow customers to buy electricity from competitive energy suppliers instead of their local utilities. Today, customers remaining with the utility are placed on a Standard Offer (SO) rate. The SO rate is based on a competitive supply contract obtained by the utility and approved by the Rhode Island Public Service Commission. The rate may be periodically adjusted for fuel costs. NewEnergy has been a player in the Rhode Island market since the beginning of the competitive marketplace.
About Switching in Rhode Island
As a competitive retail electricity supplier in the State, Constellation NewEnergy is registered with the Rhode Island Public Utilities Commission. To be eligible to switch to out services, your company must be located in thefollowing utility's service territory:
- Narragansett Electric (National Grid)
The first step in switching your business' electricity service is completing a Customer Authorization Letter that allows Constellation NewEnergy to gather historical electricity usage data from your utility. This data is necessary to analyze your power consumption patterns and to develop a proposal that is customized to the needs of your business.
You will then sign a retail Electricity Supply Agreement stating the specific product your price for electric service and the duration of the agreement. After our agreement is signed, the enrollment process is simple. Our local operations team will work to provide a seamless transition from the utility as your electricity accounts are transferred to our service. Customers are generally switched to a competitive supplier on their next meter read/cycle date.
 authorization_new_england_utilities.pdf
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Why Switch?