Rhode Island § 39-1-27.13 § 39-1-27.13. Alternative suppliers and purchase of receivables program.

Rhode Island Statutes

§ 39-1-27.13 — § 39-1-27.13. Alternative suppliers and purchase of receivables program.

Rhode Island § 39-1-27.13

Title 39Public Utilities and Carriers

Ch. 39-1Public Utilities Commission

This text of Rhode Island § 39-1-27.13 (§ 39-1-27.13. Alternative suppliers and purchase of receivables program.) is published on Counsel Stack Legal Research, covering Rhode Island primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

R.I. Gen. Laws § 39-1-27.13 (2026).

Text

§ 39-1-27.13. Alternative suppliers and purchase of receivables program.
(a) The general assembly recognizes the importance of competitive choice in electric generation
            service.
         
(b) The commission may implement a purchase of receivables program where the electric
            distribution company purchases the receivables of a nonregulated power producer at
            a discount rate that is then offset from the monthly payments the electric distribution
            company makes to the nonregulated power producer if the commission finds that the
            benefits of the program to ratepayers would exceed the costs to ratepayers.
         

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§ 39-1-27.13. Alternative suppliers and purchase of receivables program.

(a) The general assembly recognizes the importance of competitive choice in electric generation service.

(b) The commission may implement a purchase of receivables program where the electric distribution company purchases the receivables of a nonregulated power producer at a discount rate that is then offset from the monthly payments the electric distribution company makes to the nonregulated power producer if the commission finds that the benefits of the program to ratepayers would exceed the costs to ratepayers.