SB 18

  • Rhode Island Senate Bill
  • 2025 Regular Session
  • Introduced in Senate Jan 23, 2025
  • Senate
  • House
  • Governor

An Act Relating To Public Utilities And Carriers -- Public Utilities Commission

Abstract

Effective July 1, 2025, provides that, the profit margin of any electric distribution company or gas distribution company, would not exceed 4%, in any calendar year and defines a "profit margin" as the return on equity that is allowed by the commission.

Bill Sponsors (6)

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Apr 08, 2025

Rhode Island General Assembly

04/08/2025 Committee recommended measure be held for further study

Apr 04, 2025

Rhode Island General Assembly

04/04/2025 Scheduled for hearing and/or consideration (04/08/2025)

Jan 23, 2025

Senate

01/23/2025 Introduced, referred to Senate Commerce

Bill Text

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