Rhode Island Energy files $180.7M rate increase request with RI PUC, first since 2017

PPL Corp

Seeks two-year rate plan: $180.7M additional revenue in year 1 and $49.4M in year 2 for combined electric/gas base distribution rates.
Proposed authorized return-on-equity of 10.75%; historical test year Sept 2024–Aug 2025; effective date targeted Sept 1, 2026.
Typical residential electric bill (500 kWh/mo) would rise $7.78/mo (4.83%); typical gas heating (845 therms/yr) would rise $343.53/yr (20.60%).
Filing cites inflation, supply chain, and regulatory mandates as drivers; PUC docket No. 25-45-GE; ruling expected Q3 2026.
RIE President Greg Cornett emphasized affordability and customer support programs; PPL Corporation (PPL) is parent.

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