AGP Executive Report
Last update: 5 hours agoElectric Bills: Rhode Island Energy is expanding income-based electric discounts, with the lowest-income eligible customers receiving up to 75% off bills starting in early 2027. Energy Permitting: The Senate advanced a bipartisan bill 73-25 to speed approvals for power and infrastructure projects and require data centers to cover more grid costs. Rhode Island Sen. Sheldon Whitehouse helped write the measure, which still needs final approval. Power Sector: NRG agreed to sell six natural-gas plants, including Ocean State Power in Rhode Island, to LS Power for $4 billion; the deal is expected to close in 2027, subject to approvals. Offshore Wind: Revolution Wind is now fully operational, with projected power for 350,000 Rhode Island and Connecticut homes and 2,000 jobs created during construction. Housing Affordability: Rhode Island renters earning the state’s average renter wage would need to work more than 70 hours a week to afford a modest two-bedroom apartment, according to a 2026 housing analysis.
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