RI S2248

Electric and gas distribution companies with over 100,000 customers must file a percentage of income payment plan with the Public Utilities Commission by January 2, 2027, targeting 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 and 6% for those using electric heat; natural gas heating customers would be capped at 3% of income

Pre-participation arrearages would be forgiven over a 24-month period, with customers receiving fixed monthly payments and per-bill discounts based on their income tier

Program costs, including administrative expenses, would be collected through rates charged to all other electric and gas distribution company customers

The Public Utilities Commission must render a decision on the proposed plan by January 15, 2028, and enrolled customers must be offered energy efficiency programs upon enrollment