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Last Resort Service Request For Proposals

Call for competitive load following service bids

Rhode Island Energy is seeking suppliers to provide load following service at a fixed price. We will evaluate and select suppliers on the day final pricing is due. Depending on our assessment, we may choose all, some, or none of the service blocks offered in this RFP.

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Important Update: July 2025 Last Resort Service Energy Procurement Structure

As part of the approved 2025 Last Resort Service (LRS) energy procurement plan, a revised procurement structure will be implemented for the July auctions. These changes apply specifically to the Residential and Commercial customer groups.

  • Key Changes for Residential and Commercial Customers:

    • The first two 6-month tranches of the 18-month procurement period will be reduced from 20% to 15% each.
    • The third 6-month tranche will remain at 20%, consistent with previous procurement structures.
    • As a result, the spot-market exposure for these customer groups will increase from 10% to 15%, effective October 2025.

  • Industrial Customers:

    • There are no changes to the procurement structure for the Industrial customer group.

Note: These adjustments apply only to the July auctions and are designed to align with the strategic goals outlined in the 2025 LRS procurement plan.

RFP issuance date: June 2025

Customer group service timelines and load percentages

Customer group Dates Load percentage
Residential Oct 2025 - Sep 2026 15%
 Residential Oct 2026 - Mar 2027 20%
Commercial Oct 2025 - Sep 2026 15%
 Commercial Oct 2026 - Mar 2027 20%
Industrial Oct 2025 - Dec 2025 100%

Important deadlines for RFP submission and pricing

Event Due dates (all times EST)
RFP issued Jun 6, 2025
Respondent Information due Jun 20, 2025
Indicative pricing Jul 2, 2025
Final pricing Jul 9, 2025

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