RHODE ISLAND RENEWABLE ENERGY STANDARD

The Rhode Island Renewable Energy Standard Act of 2004 requires that any supplier providing electricity to a Rhode Island consumer supply a specific percentage of its electricity from renewable resources. Suppliers meet this requirement by purchasing NEPOOL GIS certificates or by making an alternative compliance payment to the state’s Renewable Energy Development Fund. ​

The table below shows annual target percentages with the minimum percentages that can come from either new or existing renewable energy resources.

 

Renewable Energy Standard Obligations
(% of electricity sales)

Year Total Target Percentage New Renewable Energy Resources Existing or New Renewable Energy Resources
2023 23.0% 21.0% 2.0%
2024 28.0% 26.0% 2.0%
2025 34.0% 32.0% 2.0%
2026 41.0% 39.0% 2.0%
2027 48.0% 46.0% 2.0%
2028 55.5% 53.5% 2.0%
2029 63.5% 61.5% 2.0%
2030 72.0% 70.0% 2.0%
2031 81.0% 79.0% 2.0%
2032 90.5% 88.5% 2.0%
2033 100.0% 98.0% 2.0%

 

 

 

 

 

 

Eligible Renewable Resources Include:

  • Solar
  • Wind
  • Ocean Currents
  • Geothermal
  • Hydroelectric
  • Biomass (subject to eligible fuel sources and compliance with air permits)
  • Fuel cells (using renewable resource)

Many Community Choice Aggregation Programs offer products that exceed the RI RES Obligations.  Where such products are offered, the product description on the Program’s website page will display the percentage and the type (e.g., New RES) of “voluntary” renewable energy resources acquired over and above the RI RES.

Click here to learn more about Rhode Island’s Renewable Energy Standards (RES)

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