RI H7880

Electric and gas distribution companies with more than 100,000 customers must file a percentage of income payment plan with the Public Utilities Commission by January 2, 2027, for residential customers at or below 150% of the federal poverty level.

Electric costs would be capped at 3% of household income for non-heating customers or 6% for those using electric heat; natural gas heating costs capped at 3% of income.

Pre-participation arrearages would be forgiven over a 24-month period, with participants receiving fixed monthly payments and automatic enrollment in energy efficiency programs.

Program costs, including administrative expenses, would be recovered through rates charged to all other electric and gas customers.

The Public Utilities Commission must approve the plan by January 15, 2028, balancing discount levels against implementation costs.