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Get the free Renewable Energy Standard Charge and Reconciliation Filing - ripuc ri

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This document outlines The Narragansett Electric Company d/b/a Rhode Island Energy\'s proposed Renewable Energy Standard (RES) Charge for the year 2024. It includes details regarding the charge rate, the bill impact for residential customers, and reconciliations of renewable energy revenue and expenses for compliance years 2023 and prior. It requests the approval of a RES Charge effective April 1, 2024, alongside an explanation of the charge\'s calculation and the rationale behind it.
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01
Gather your latest utility bill to reference your current energy usage.
02
Locate the section of the bill that outlines energy charges and any renewable energy initiatives.
03
Determine if you are subject to the renewable energy standard charge based on your energy consumption.
04
If applicable, find the specific amount for the renewable energy standard charge on the bill.
05
Complete any required forms or online applications provided by your utility or local government to enroll in the program.
06
Submit the required documentation and payment if necessary, following the instructions provided.

Who needs renewable energy standard charge?

01
Residential homeowners who receive electricity from their local utility.
02
Commercial businesses that consume power and have energy sustainability goals.
03
Electric providers who are required by law to meet renewable energy standards.
04
Organizations looking to support renewable energy initiatives and contribute to sustainability efforts.
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The renewable energy standard charge is a fee imposed on certain utilities and electricity providers to ensure compliance with renewable energy standards and to fund renewable energy projects.
Utilities, electricity providers, and any entities obligated to meet renewable energy standards are required to file the renewable energy standard charge.
To fill out the renewable energy standard charge, entities must complete the designated form, providing necessary details such as the energy generated, compliance measures taken, and any applicable financial information.
The purpose of the renewable energy standard charge is to promote the development of renewable energy sources, ensure compliance with renewable energy regulations, and fund initiatives aimed at increasing renewable energy use.
The information that must be reported includes the amount of renewable energy generated, the types of renewable energy technologies used, compliance expenditures, and any credits claimed.
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