RI H7889

Allows electric distribution companies to own, operate, and construct electric generating facilities that were constructed or acquired after January 1, 2025, creating an exception to the existing prohibition on utility ownership of generation assets

Permits electric distribution companies to procure last-resort power supply from their own generating facilities if owned pursuant to Chapter 39-20, in addition to purchasing from wholesale power suppliers

Redefines "electric-generating facilities" to include units owned or operated by nonregulated power producers or domestic electric utilities generating electricity on or after January 1, 2025, removing the previous 500 MW minimum threshold

Authorizes domestic electric utilities to sell electricity through regional marketplaces operated by regional transmission organizations, adding a new permitted sales channel

Takes effect immediately upon passage