Rhode Island Electric Rates & Prices
ElectricThe State of Rhode Island General Assembly passed the Rhode Island Utility Restructuring Act in 1996. Beginning in 1997, Rhode Island became the first state to provide its businesses with retail choice in the electricity market.
Rhode Island only has one utility at present. National Grid provides businesses with both gas and electric services.
National Grid will provide the infrastructure to service your business but they do not necessarily have to supply your energy. Take advantage of this competitive market place, and let BidURenergy, Inc. help you choose a supplier.
Once you submit a bid request, our experienced market analysts can help! Using our state-of-the-art PowerPit™ platform, we’ll hold an auction for your company, and match you to the best supplier, and in almost no time you’ll be saving up to 25% on your energy bills.
Choose your own energy supplier.
Natural GasNatural gas is one of the most volatile commodities traded in financial markets. It is especially sensitive to global weather conditions, natural disasters (hurricanes, etc.), and the economy.
In the fall of 2005, a series of natural disasters around the world, including Hurricane Katrina and a typhoon in China, affected the price of natural gas immensely. As seen in 2008, the price of natural gas can spike to $13/MMBtu and then fall to ~$2/MMBtu in just a few years (2012).
Fortunately, the market for Natural Gas in Rhode Island was deregulated by 1997—much like it was for electricity—allowing suppliers to compete for your business so you are better protected from experiencing uncertainty in the market. BUE consultants specialize in risk analysis and mitigation to protect your business while taking advantage of market opportunities.
Businesses residing in Ohio can take advantage of this competitive marketplace. Now, more than ever, businesses can reduce the cost of manufacturing, heating, and any other process that uses Natural Gas.
It’s easy to save! Once you submit a bid request, our experienced market analysts can help! Using our state-of-the-art PowerPit™ platform, we’ll hold an auction for your company, and match you to the best supplier, and in almost no time you’ll be saving up to 25% on your energy bills.