About RI Electric Rates

RI electric rates provides an open platform for alternative energy suppliers to communicate with commercial and residential end users in deregulated electric markets.

New utility rules allow alternative electric companies to compete for your business. RI Electric rates is your single source for cheap electric prices in Rhode Island. We bring together the best electric suppliers in your state to bid on your commercial, industrial, or residential electric supply. If you currently buy your electric from Blackstone Valley Electric, Newport Electric, or National Grid, than you have the power to choose your electric supplier and save money on electric. Deregulated electricity gives the customer the power to choose their electric supplier and save on energy.

Utility bills for electricity now include one total price for generation, transmission, and distribution. Deregulation means the generation portion of the electricity service will be open to competition. Your local utility company will remain responsible for providing maintenance, customer services, and billing for the transmission and distribution of your electric.

A long time monopoly system of electric utilities has been replaced with competing suppliers. When competition is present in any market place, the end user benefits. Deregulation of energy markets give our clients the opportunity to compare rates of suppliers, decide who is the best fit for their energy consumption needs, switch providers of their electric generation, and most importantly save money on a monthly basis.


Complete the form to get the bidding process started


• A variety of reliable energy providers will contact you directly to compete for your business
• The energy providers may need you to complete a Letter of Authorization to pull your historical usage
• Using the historical usage, the energy providers will send you a quote
• There is nothing binding at this point until you choose one of the quotes and sign an agreement with the energy provider