Search Results for: RHODE ISLAND ENERGY

RI Energy price drop in new proposal

PROVIDENCE, R.I. (WLNE) -- Rhode Island Energy announced today that electricity prices may drop significantly this spring. This is based on a new rate proposal that is before the Rhode Island Public Utilities Commission (RIPUC). The supply decrease applies to…

Rhode Island governor to propose tax relief in budget plan

Rhode Island’s governor said in his State of the State address Tuesday that he will propose broad tax relief in his forthcoming budget plan. Democratic Gov. Dan McKee laid out his administration’s legislative plans and budget priorities in the address to the General Assembly. McKee said in his prepared remarks the budget he will submit to the General Assembly this week will propose a broad tax relief plan to help Rhode Island residents navigate inflationary pressures and make the state a more competitive place to do business. McKee wants to reduce the state sales tax from 7% to 6.85%, which equates to about $35 million annually in taxes.