This office lease provision states that the landlord agrees that prior to the Commencement Date risers, feeders and wiring will be installed in the building by the landlord to furnish electrical service to the demised premises.
Rhode Island Provision Addressing Present and Future Demands for Electricity in the Premises
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FAQ
On Wednesday after completing the purchase of National Grid's electric and natural gas operations in Rhode Island was a change of name. The business once known as Narragansett Electric is now Rhode Island Energy.
National Grid provides electricity for nearly all of Rhode Island aside from parts of Burrillville County.
The Plan demonstrates that Rhode Island can increase sector fuel diversity, produce net economic benefits, and reduce greenhouse gas emissions by 45 percent by the year 2035. The Plan proposes state-of-the-art policies and strategies to achieve those goals.
Current state law requires annual 1.5 percentage point increases in the amount of electricity required to be generated from renewable sources through 2035. The legislation signed by the Governor accelerates those increases to achieve a 100 percent Renewable Energy Standard in 2033.
Demand response is when participating customers reduce their electricity usage at critical times in order to help lower the demand for electricity during peak periods when energy use is at its highest, such as on certain hot summer days.
The Public Utilities Commission regulates Rhode Island Energy and tells them exactly how much they can profit. Why is it that a government agency has so much power over a for-profit company?
The increase is due to higher costs for energy (as opposed to delivery), which Rhode Island Energy passes on to ratepayers without a markup.
