Editor: Katerine G., Editor & Data Researcher · Research & publishing: Electric Consumer Editorial Team · Data retrieved · Sources named on this page: EIA-861, EIA retail sales · How we got these numbers · Report an error
The Narragansett Electric Co is an investor owned utility serving 514,663 customer accounts in Rhode Island; 451,381 of them are residential. Businesses and industry take 58% of the 7,261,391 MWh it sells; homes take 42%.
At 559 kWh a month a The Narragansett Electric Co home pays about $140 in energy: 25.08 ¢/kWh, 12.4% below the Rhode Island average of 28.65 ¢.
Businesses and industry take 58% of the 7,261,391 MWh it sells; homes take 42%.
The customer mix of The Narragansett Electric Co is its own: 451,381 home accounts buy 41.7% of 7,261,391 MWh, 61,694 commercial accounts buy 49.8%, and the remaining 8.6% goes to 1,587 industrial and other accounts. A typical The Narragansett Electric Co home uses 6,707 kWh a year, a typical business account 58,561.
| The Narragansett Electric Co, 2024 | Home | Business | Bill | SAIDI |
|---|---|---|---|---|
| The Narragansett Electric Co | 25.08 ¢/kWh | 13.49 ¢/kWh | $140at 559 kWh | 61 minSAIDI |
| Rhode Island average against this company, which is 1 of 1 on price | +3.57 ¢/kWhcompany 12.4% below | +7.60 ¢/kWhcompany 36.1% below | +$20a month at 559 kWh | +0 mincompany 0 below |
| U.S. averageLowest in this table | 16.48 ¢/kWhcompany 52.2% above | 12.75 ¢/kWhcompany 5.8% above | $9248 less than company | 99 mincompany 39 below |
Compare 3 Rhode Island companies
The Narragansett Electric Co: +4.5% on 2024 for homes, Rhode Island +2.8%.
The Narragansett Electric Co: 26.22 ¢/kWh in the 2025 early release, +4.5% from 25.08 ¢; Rhode Island as a whole went +2.8%, so The Narragansett Electric Co ran ahead of it by 1.7 points. Its SAIDI is 60 minutes against 61 in 2024.
The Narragansett Electric Co serves 451,381 homes in Rhode Island. At 559 kWh a month that is about 213 kg of CO₂, or 2,553 kg a year, at the Rhode Island plant rate, state generation and not this utility: Rhode Island generation mix.
18.27 ¢ in 2015, 25.08 ¢ in 2024 (+37.3%); Rhode Island 19.29 to 28.65 ¢.
| Year | The Narragansett Electric Co | Gap to Rhode Island residential | Gap to U.S. residential |
|---|---|---|---|
| 2015 | 18.27 | -1.02 | +5.62 |
| 2016 | 17.37 | -1.25 | +4.82 |
| 2017 | 17.07 | -1.25 | +4.18 |
| 2018 | 19.25 | -1.30 | +6.38 |
| 2019 | 20.41 | -1.32 | +7.40 |
| 2020 | 20.89 | -1.12 | +7.74 |
| 2021 | 21.29 | -1.01 | +7.63 |
| 2022 | 22.26 | -0.95 | +7.22 |
| 2023 | 24.85 | -2.17 | +8.85 |
| 2024 | 25.08 | -3.57 | +8.60 |
10 rows from EIA retail sales.
CSV64 min in 2015, 61 in 2024.
| Year | The Narragansett Elect, no major events |
|---|---|
| 2015 | 64 |
| 2016 | 69 |
| 2017 | 59 |
| 2018 | 65 |
| 2019 | 68 |
| 2020 | 69 |
| 2021 | 69 |
| 2022 | 63 |
| 2023 | 52 |
| 2024 | 61 |
10 rows from EIA-861 survey.
CSV60.8 min, 0.61x the median reporter, rank 198 of 673.
The Narragansett Electric Co, Reliability: EIA-861 survey.
CSVFrom 18.27 ¢ in 2015 to 25.08 ¢ in 2024, a move of +37.3%: The Narragansett Electric Co lagged its state (+48.5%) by 11.3 points, and +7.0 points against the U.S. Full-service customers alone pay 28.26 ¢ per EIA, against 25.08 ¢ for all rows: buyers of energy elsewhere pay The Narragansett Electric Co for delivery only. The Narragansett Electric Co's sharpest move came in 2018, +12.7%. The latest year is the high at 25.08 ¢; the low was 17.07 ¢ (2017). 2024: +0.9% here, +6.0% for the Rhode Island average. SAIDI at The Narragansett Electric Co (major events excluded) went from 64 minutes in 2015 to 61 in 2024, -5%, between 52 (2023) and 69 (2016). At 61 minutes in 2024, The Narragansett Electric Co sat -39 from the national SAIDI median, with 10 of 10 years below it. 2017: 728 minutes with major events, 59 without, the widest gap of any year.
The data favor customers here: bills run 12.4% under the Rhode Island norm, and 61 outage minutes sit 39% under the national median.
Home accounts at The Narragansett Electric Co went from 434,749 in 2015 to 451,381 in 2024, +3.8%. Business customers paid 0.54 times the home price in 2024 (13.49 against 25.08 ¢); the ratio was 0.57 in 2015. SAIFI went from 0.94 in 2015 to 0.76 in 2024, between 0.67 and 1.02.
The Narragansett Electric Co outage time held near 57 to 61 minutes a customer from 2013 to 2024 (+6%). Its best year was 2023 (52 min), its worst 2016 (69 min), across 12 filed years.
Corrected for inflation, a The Narragansett Electric Co home paid 25.74 ¢/kWh in 2024 against 20.67 ¢ in 2013, +24.6%; the bill itself went 14.95 ¢ to 25.08 ¢ (+67.7%). A home using 1,000 kWh a month paid $2,480 for the year at the 2013 real price and $3,089 at the 2024 price.
The Narragansett Electric Co at 61 min in 2024 and the Rhode Island median at –.
The Narragansett Electric Co: 25.74 ¢ in 2025 dollars (solid) and 25.08 ¢ as billed (dashed) in 2024.
| Year, The Narragansett E | ¢ billed | ¢ in 2025 $ | Price place, The Narraganse | SAIDI min | SAIFI | SAIDI place, The Narraganse | Rhode Island median SAIDI |
|---|---|---|---|---|---|---|---|
| 2013 | 14.95 | 20.67 | – | 57 | 0.72 | – | – |
| 2014 | 16.51 | 22.45 | – | 54 | 0.76 | – | – |
| 2015 | 18.27 | 24.82 | – | 64 | 0.94 | – | – |
| 2016 | 17.37 | 23.30 | – | 69 | 0.97 | – | – |
| 2017 | 17.07 | 22.42 | – | 59 | 0.78 | – | – |
| 2018 | 19.25 | 24.68 | – | 65 | 1.00 | – | – |
| 2019 | 20.41 | 25.70 | – | 68 | 1.02 | – | – |
| 2020 | 20.89 | 25.98 | – | 69 | 0.94 | – | – |
| 2021 | 21.29 | 25.29 | 3 of 5 | 69 | 0.95 | – | – |
| 2022 | 22.26 | 24.49 | 3 of 5 | 63 | 0.81 | – | – |
| 2023 | 24.85 | 26.25 | 3 of 5 | 52 | 0.67 | – | – |
| 2024 | 25.08 | 25.74 | 3 of 5 | 61 | 0.76 | – | – |
The Narragansett Electri, EIA utility 13214: EIA-861, CPI-U.
CSV| The Narragansett Electric Co sector | Accounts | Rate ¢/kWh | Gap to Rhode Island ¢/kWh |
|---|---|---|---|
| Residential | 451,381 | 25.08 | -3.57 |
| Commercial | 61,694 | 13.49 | -7.60 |
| Year | Home accounts, The Narragansett Elect | Home ¢ | Business ¢ | Ratio | SAIDI | SAIFI |
|---|---|---|---|---|---|---|
| 2015 | 434,749 | 18.27 | 10.49 | 0.57 | 64 | 0.94 |
| 2016 | 433,051 | 17.37 | 9.39 | 0.54 | 69 | 0.97 |
| 2017 | 431,637 | 17.07 | 9.90 | 0.58 | 59 | 0.78 |
| 2018 | 436,442 | 19.25 | 10.57 | 0.55 | 65 | 1.00 |
| 2019 | 437,964 | 20.41 | 10.64 | 0.52 | 68 | 1.02 |
| 2020 | 435,834 | 20.89 | 10.55 | 0.51 | 69 | 0.94 |
| 2021 | 440,386 | 21.29 | 10.27 | 0.48 | 69 | 0.95 |
| 2022 | 442,228 | 22.26 | 10.43 | 0.47 | 63 | 0.81 |
| 2023 | 444,207 | 24.85 | 10.68 | 0.43 | 52 | 0.67 |
| 2024 | 451,381 | 25.08 | 13.49 | 0.54 | 61 | 0.76 |
| Utility near The Narragansett Electric Co on price | SAIDI min, gap to The Narragansett Electric Co | Home ¢, gap to The Narragansett Electric Co | Gap % to The Narragansett Electric Co | Accounts, The Narragansett Electric Co = 1 |
|---|---|---|---|---|
| 1. The Narragansett Electric Co (this utility) | 61 | 25.08 | - | 1.00 |
| Class at The Narragansett Electric Co | Accounts | Of The Narragansett Electric Co accounts | Of The Narragansett Electric Co MWh sold | kWh a year per The Narragansett Electric Co account |
|---|---|---|---|---|
| Residential | 451,381 | 87.7% | 41.7% | 6,707 |
| Commercial | 61,694 | 12.0% | 49.8% | 58,561 |
| Industrial and other | 1,587 | 0.31% | 8.6% | 391,413 |
| The Narragansett Electric Co and its neighbours on price | SAIDI min, gap to The Narragansett Electric Co | Home ¢, gap to The Narragansett Electric Co | Accounts, The Narragansett Electric Co = 1 |
|---|---|---|---|
| 1. Niagara Mohawk Power Corp. (NY) | +80 | -8.41 | 3.34 |
| 2. Massachusetts Electric Co (MA) | +30 | -2.01 | 2.67 |
| 3. The Narragansett Electric Co (RI, this utility) | 61 | 25.08 | 1.00 |
| Measure | The Narragansett Electric Co | Rhode Island context | The Narragansett Electric Co detail |
|---|---|---|---|
| The Narragansett Electric Co home meters on AMI | 0.0% | Rhode Island 1.1% | 55 of 464,172 meters |
| Home meters, AMR (drive-by read) | 463,294 | Rhode Island figure not published | 99.8% of meters |
| Time-of-use rate for The Narragansett Electric Co homes | Not on file | 0 of 3 Rhode Island utilities offer one | no dynamic-pricing count filed by The Narragansett Electric Co |
| Net-metered installations | 17,879 | 96% residential | 38.2 homes per 1,000 accounts, 32.9 kW average |
| kWh | Share of a 559 kWh month | Cost a month at 25.08 ¢ | vs U.S. | Cost a year |
|---|---|---|---|---|
| 250 | 45% | $62.71 | +$21.51 | $753 |
| 500 | 89% | $125.42 | +$43.02 | $1,505 |
| 750 | 134% | $188.13 | +$64.53 | $2,258 |
| 1,000 | 179% | $250.84 | +$86.04 | $3,010 |
| 1,500 | 268% | $376.25 | +$129.05 | $4,515 |
| 2,000 | 358% | $501.67 | +$172.07 | $6,020 |
| Measure, The Narragansett Ele | No events | All events | Converted |
|---|---|---|---|
| SAIDI minutes | 60.8 | 104.2 | 1.01 h |
| SAIFI interruptions | 0.761 | 0.896 | 1.31 yr apart |
| CAIDI minutes | 79.9 | 116.4 | 1.33 h |
5 Rhode Island counties, region NPCC:
Rhode Island other states: 5 of 5 counties of The Narragansett Electric Co drawn
The Narragansett Electric Co: 5 counties listed by EIA-861, Census 2023 outlines.
CSV514,663 accounts in 2024: residential 451,381, commercial 61,694, industrial 1,587.
In 2024 homes paid 25.08 cents; against the Rhode Island average that is -12.4%.
SAIDI 60.8 min and SAIFI 0.76 a year, major events excluded; ratio to the national median 0.61, CAIDI 80 min.
17,879 installations with 588.6 MW, of which residential installations number 17,230.
559 kWh at 25.08 cents comes to about $140, energy only.
Rank 1 of 1 in Rhode Island on price, -12.4% against the state average; 0 charge less than 25.08 ¢.
Homes take 41.7% of 7,261,391 MWh, commercial accounts 49.8%, industrial and other 8.6%; the 61,694 commercial accounts use 58,561 kWh each, 8.7 times a home.
55 of 464,172 home meters are AMI, 0.0%. The Narragansett Electric Co reports no home time-of-use rate; 0 of 3 Rhode Island filers do.
1st cheapest of 1 in 2015, 1st of 1 in 2024; its price rose 37.3% while Rhode Island rose 48.5%.
Place 3 of 3 on home price at 25.08 ¢ (National Grid group); median 23.07 ¢, cheapest member 16.67 ¢.
26.22 cents per kWh, +4.5% on the 25.08 of 2024 (EIA early release for 2025).
Home prices nearest to The Narragansett Electric Co at 25.08 ¢/kWh in 2024, among companies with a page here, any state.
4 home plan records, energy charges: 13.8 to 24.1 ¢/kWh.
Who offers time-of-use and tiered rates (17 Apr 2026 snapshot).