The Narragansett Electric Co Electricity Rates

How this price compares

Ranked by price against the 8 utilities reporting residential rates in Rhode Island, The Narragansett Electric Co comes 6th of 8. The state's range runs from Pascoag Utility District at 16.52¢ to Palmetto Solar, LLC at 56.43¢, so where a household sits inside Rhode Island depends far more on which utility serves it than on the statewide average alone.

All figures come from the 2024 release, so no comparison mixes vintages. The state figure is customer-weighted across 8 reporting utilities.

Scale and consumption

The Narragansett Electric Co reported 332.5K residential customers, ranking 1st of 8 utilities in Rhode Island by customers served and covering 96.6% of the state's reported residential customers.

Dividing reported residential sales by customers served gives about 6,891 kWh per customer per year - below the national residential norm, implying a typical annual bill near $1,947.

Within Rhode Island the median reporting utility sells about 7,002 kWh per customer, so The Narragansett Electric Co customers use -1.6% against their own state's middle. Consumption close to the state middle means bills here track the price ranking fairly directly.

Every utility reporting in Rhode Island

All 8 utilities reporting bundled residential service in Rhode Island, largest first, with The Narragansett Electric Co marked. The named companies either side of it are the ones a household in this state might otherwise be served by.

For generation mix and price history statewide, see electricity rates in Rhode Island.

Common questions about The Narragansett Electric Co rates

How much does The Narragansett Electric Co charge per kWh?

The Narragansett Electric Co reported an average residential price of 28.26¢ per kWh across its bundled residential customers in the 2024 EIA Form 861 release. That is an annual average across all its residential customers, not a rate schedule, so an individual bill depends on the tariff, usage pattern and season.

Is The Narragansett Electric Co expensive compared with the rest of Rhode Island?

Its average residential price is close to the Rhode Island customer-weighted average of 28.12¢ per kWh, a difference of +0.5%. The state figure is weighted by customers across the 8 utilities reporting residential service in Rhode Island.

What is the average electricity bill for The Narragansett Electric Co customers?

Dividing reported residential sales by residential customers gives about 6,891 kWh per customer per year. At the reported average price that implies roughly $1,947 a year, or about $162 a month. This is RateWatt's arithmetic on two EIA columns, not a figure EIA publishes.

Who owns The Narragansett Electric Co?

EIA classifies The Narragansett Electric Co as Investor Owned, a shareholder-owned company whose retail rates are set through a state regulatory commission. Nationally, Investor Owned utilities averaged 17.36¢ per kWh in the 2024 release.

What this page does and does not tell you

• An average across bundled residential customers for the year, revenue divided by sales, not a rate schedule.
• Form 861 presence is not evidence of availability at an address or of customer choice.

See our methodology, why energy prices vary and understanding rate structures.

Source: U.S. Energy Information Administration (EIA), Form 861 annual electric power industry report, 2024 release. Retrieved and formatted by RateWatt.