Providence, RI — Today, the City of Providence announced the new summer supply rates for the Providence Community Electricity (PCE) program, starting with the May 2026 meter read. The prices of the program’s electricity options will decrease by 8% and the program default option, Providence Standard, will continue to include 5% additional renewable energy from local projects in Rhode Island. The new prices will be fixed for six months through customers’ November 2026 meter read. Current participants do not need to take any action to remain in the program and receive the new pricing for the product in which they are currently enrolled.
This program has provided residential customers with cleaner electricity for the past 36 months, compared to Last Resort Service. Since the program’s launch, the average resident who enrolled in the Providence Standard rate has saved approximately $55 over the life of the program compared to those with RI Energy’s Last Resort Service. In 2025, PCE had an annual purchase of 12,540 MWh of voluntary renewable energy, which is equivalent to avoiding emissions from 8.8 million Lbs. of CO2 or 4.4 million lbs. of coal burned. Amidst continuing volatility in the global fossil fuel industry, the program’s commitment to expanding renewable energy in our region will support long term power security.
The program’s additional renewable energy supports RI-based clean energy economy, being sourced entirely from in-state projects, including the Narragansett Bay Commission wind turbines at Fields Point in Providence, solar in West Greenwich and additional wind turbines in Coventry. Providence is part of a group of seven municipalities who shared in launching the first municipal aggregation programs in Rhode Island. Barrington, Central Falls, Narragansett, Newport, Portsmouth, Providence and South Kingstown are all working with Good Energy as their consultant and share a common electricity supplier and pricing.
Prices for Residential, Commercial
Participants may switch their product option or leave the program at any time, without fees or penalties. To make a change, use our form at Electricity.ProvidenceRI.gov
As program prices and electricity costs in general are rising, the following programs may help you manage the cost of your energy bills:
- Low-Income Discount Rates: Rhode Island Energy customers who are currently enrolled in certain government assistance
programs, like SNAP or Medicaid, qualify for either a 25% or 30% discount on their monthly RIE bills. Learn more here. - Weatherization Assistance Program: LIHEAP recipients may also be eligible for home weatherization improvements including insulation. Learn more here.
- Energy efficiency programs: Rhode Island Energy offers a variety of energy efficiency rebates, incentives, and services for residents, listed here. There are also a variety of incentives to convert your heating and cooling to high efficiency heat pumps, listed here.
- RI Energy Home Energy Assessment: Schedule a no-cost home energy assessment to understand energy-saving opportunities. An energy specialist will assess your energy use, develop a plan to make your home more energy-efficient, and identify available rebates and incentives to make the improvements. Schedule an assessment here.
- Budget Billing: Rhode Island Energy’s Budget Billing program averages your annual energy costs into 12 equal monthly payments, making it easier to manage expenses during high-usage months like winter and summer. Learn more here.