§ 39-31-2. Purpose.
The purpose of this chapter is to:
(1) Secure the future of the Rhode Island and New England economies, and their shared
environment, by making state and/or coordinated, cost-effective, strategic investments
in energy resources and infrastructure such that the New England states improve energy
system reliability and security; enhance economic competitiveness by reducing energy
costs to attract new investment and job growth opportunities; and protect the quality
of life and environment for all residents and businesses;
(2) Utilize state and/or coordinated
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§ 39-31-2. Purpose.
The purpose of this chapter is to:
(1) Secure the future of the Rhode Island and New England economies, and their shared
environment, by making state and/or coordinated, cost-effective, strategic investments
in energy resources and infrastructure such that the New England states improve energy
system reliability and security; enhance economic competitiveness by reducing energy
costs to attract new investment and job growth opportunities; and protect the quality
of life and environment for all residents and businesses;
(2) Utilize state and/or coordinated competitive processes, in collaboration with other
New England states and their instrumentalities, to advance strategic investment in
energy infrastructure and energy resources, provided that the total energy security,
reliability, environmental, and economic benefits to the state of Rhode Island and
its ratepayers exceed the costs of the projects, and ensure that the benefits and
costs of the energy infrastructure investments are shared appropriately among the
New England States; and
(3) Encourage an approach to energy policy that advances the objectives of achieving a
reliable, clean-energy future that is consistent with meeting greenhouse gas reduction
goals as established by chapter 6.2 of title 42 (the "2021 act on climate�) at reasonable cost to ratepayers.