This office lease clause specifically states the availability of electricity, the pricing, the quantity and the quality of the electricity provided to the demised premises.
Rhode Island Electricity Clause Specifically Stating Availability Pricing Quantity and Quality of Service Provided
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US-OL17013CA
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FAQ
Monthly electric bills are a product of how much electricity you use per month and your electric rate. In Rhode Island, the average monthly electric bill for residential customers is $227/month, which is calculated by multiplying the average monthly consumption by the average electric rate: 898 kWh * 25 ¢/kWh.
Fossil Fuels Make New England's Electricity Expensive Our region relies heavily on burning imported fossil fuels like natural gas to generate electricity. These fuels are costly ? and their prices are increasing steadily over time.
Natural gas provides a larger share of electricity in Rhode Island than in any other state. In 2021, Rhode Island generated a larger share of its electricity from natural gas than any other state, about 87%. Most of the rest of the state's net generation came from solar, wind, and biomass resources.
Learn more about how our Marketplace works and how we make money. On average, Rhode Island residents spend about $224 per month on electricity. That adds up to $2,688 per year. That's 26% higher than the national average electric bill of $2,129.
Rhode Island Energy/National Grid Last Resort Service (Standard Offer)* MonthResidential (Cents/kWh)Commercial Variable Price (Cents/kWh)September 202310.3419.314October 202317.74113.376November 202317.74114.949December 202317.74118.41026 more rows
National Grid provides electricity for nearly all of Rhode Island aside from parts of Burrillville County.
The Average Electricity Rate in the U.S. is 16.29 cents per kilowatt-hour. Hawaii has the highest average electricity rate of 41.52 cents per kilowatt-hour.
Rates across the regional New England electric grid are largely driven by the wholesale costs of natural gas, a primary fuel for power generation as well as heating. Market prices fall in the summer, when demand for gas ebbs and increase in the winter when residences and businesses need the fuel for heat.