SweatyCockroach8212
SweatyCockroach8212 t1_ir7h553 wrote
Reply to Could someone clarify what's going on with the winter electric/gas rates? by kingofallnorway
Yes, those who don't qualify for assistance will pay the higher rates. We don't know yet about rates for next year. It's spiked so much in part due to Russia being a major provider of the world's natural gas supply and that's gone from the market, so everyone else has fewer sources to buy from, which increases rates. And RI electricity is generated from about 80% natural gas sources. So if ol' Vlad chills out over there and the market opens up again, we could see rates go down. If crazier things happen, they could go up further.
SweatyCockroach8212 t1_ir7xfo6 wrote
Reply to comment by nathanaz in Could someone clarify what's going on with the winter electric/gas rates? by kingofallnorway
^^ This.