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kbd77 t1_jc1qiuc wrote

Isn’t the projected rate like half of what we’re paying through RI Energy right now?

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fishythepete t1_jc1ssx2 wrote

Apples and oranges. The projected rate is the spring / summer rate. You’re still paying winter rates. The projected spring / summer rate by Next Era is more than last years RI Energy spring / summer rate, but less than the projected Spring / Summer rate from RIE. Until rates are filed and final no way to be sure.

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kbd77 t1_jc1tgn2 wrote

Good point – didn't realize they were comparing completely different times of year. I'll have to do a little more digging. Ugh, was hoping this would actually be a consumer-friendly option.

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pvdjay t1_jc25xdp wrote

I think it still is. The letter I received has Spring/Summer rate for RI Energy and the new PVD one is still (nominally) lower.

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Chance_Bad_7437 t1_jc1skpc wrote

I think the projected rates for April through RI energy are down about $0.07/Kwh

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Armageddon24 t1_jc2wp0z wrote

Summer rate is comparable to RIE's summer rate ($9.6ish /kWh)

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