EIA data through August 2026 · updated 2026-10-29

The Narragansett Electric Co. electricity rates

The Narragansett Electric Co. (investor owned) residential customers paid about 28.7¢ per kWh (Jan–Aug 2026) — an average bill of $162 for 574 kWh a month.

Avg. home price28.7¢per kWh
Residential customers451,381RI, 2024
Avg. monthly use574kWh
Commercial13.5¢per kWh
Industrial12.4¢per kWh
Rhode Island has retail electricity choice. Many households can buy electricity supply from a competing supplier, while the local utility still delivers it. The averages here combine utility and supplier sales as reported to the EIA; your state’s public utility commission lists licensed suppliers.

What a month costs with The Narragansett Electric Co.

500 kWh / month$143
900 kWh / month$258
1,200 kWh / month$344

Monthly cost at the average price of 28.7¢ per kWh. Real bills add or subtract fixed charges, tiers, time-of-use and fuel adjustments.

Price trend

12¢17¢22¢27¢32¢37¢20222023202420252026Rhode Island averageU.S. averageThe Narragansett Electric Co. 12¢17¢22¢27¢32¢37¢20222023202420252026Rhode Island averageU.S. averageThe Narragansett Electric Co.
Rhode Island averageU.S. averageThe Narragansett Electric Co.
Aug 202628.2¢per kWh
vs. 1 year ago+6.2%26.5¢
vs. 5 years ago+38.5%20.4¢
Record high35.6¢Nov 2024
Avg. home bill$176625 kWh, Aug
EIA forecast, New England30.5¢Dec 2027

Hover or tap the chart for exact monthly values. Source: EIA-861M (monthly, latest months preliminary); forecast: EIA Short-Term Energy Outlook (October 2026) for the New England region, which includes Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, Vermont.

ZIP codes served

Averages, not a quote. Prices here are what each utility’s residential customers paid on average (revenue ÷ kWh sold, fixed charges included), as reported to the U.S. Energy Information Administration. Your own rate depends on your plan, season and usage — check your bill or your utility’s tariff.

Questions

What is The Narragansett Electric Co.’s electricity rate?

About 28.7¢ per kWh for residential customers (Jan–Aug 2026 average, EIA-861M), including fixed charges spread over usage.

What is the average The Narragansett Electric Co. electric bill?

$162 a month in 2024, for an average of 574 kWh (EIA-861).

Is The Narragansett Electric Co. cheaper than the Rhode Island average?

No: 28.7¢ versus the Rhode Island average of 28.2¢ (Aug 2026).