The Narragansett Electric Co Electricity Rate per kWh (2024 EIA Data)

The Narragansett Electric Co is an investor-owned electric utility that reports to the U.S. Energy Information Administration under utility number 13214. In 2024 it served 332,540 bundled residential customers in Rhode Island (plus 118,841 delivery-only residential accounts that buy their energy from a competitive supplier), and its average realised residential price was 28.26 cents per kWh: $648 million of residential revenue divided by 2.29 million MWh of residential sales.

Across the other sectors, The Narragansett Electric Co's 2024 average prices were 23.17 cents for commercial customers (34,977 accounts) and 25.92 cents for industrial customers (926 accounts). Industrial customers paid 2.34 cents less per kWh than households, a 8% discount that is typical of high-volume, high-voltage service. Rhode Island allows retail choice, so the customer base splits two ways: 332,540 residential customers took bundled service (energy plus delivery) at 28.26 cents per kWh, while 118,841 bought their energy from a competitive supplier and paid The Narragansett Electric Co only for delivery, which averaged 15.19 cents per kWh for the wires portion.

Within Rhode Island, The Narragansett Electric Co ranked number 1 of 3 utilities with bundled or delivery service by residential accounts served (451,381, bundled plus delivery-only) and accounted for 97.30% of the state's residential electricity sales in 2024, measured in MWh sold or delivered rather than in customers. The state-wide average realised residential price in 2024, computed from the same EIA file, was 28.65 cents per kWh, so The Narragansett Electric Co's customers paid 0.39 cents below the Rhode Island average (-1.4%). For context, EIA's latest monthly figure for Rhode Island is 29.23 cents per kWh (June 2026, Electric Power Monthly); that is a different, more recent measure across all utilities and is not directly comparable with a 2024 annual average.

EIA's service-territory file places The Narragansett Electric Co in 5 Rhode Island counties: Bristol, Kent, Newport, Providence, and Washington. On the grid side it operates in the NPCC NERC region and the ISO New England market, and reported distribution as its activities. Balancing authority code: ISNE.

EIA's preliminary 2025 early release (published 4 August 2026) shows a residential price of 29.45 cents per kWh for The Narragansett Electric Co in Rhode Island across 458,174 residential customers, 1.19 cents higher than the 2024 final figure. Early-release data has not been validated by EIA and must not be aggregated; the 2024 final figures remain the reference on this page until the 2025 final file is published.

The nearest other utilities in Rhode Island by service-territory centroid are Pascoag Utility District (17.5 miles away, 16.52 cents) and Block Island Utility District (17.9 miles away, 39.66 cents). Other Rhode Island utilities of similar size include Ambit Energy Holdings, LLC (426,878 residential accounts served, 18.77 cents), Champion Energy Services (225,587 residential accounts served, 9.98 cents), and Constellation NewEnergy, Inc (1,113,912 residential accounts served, 15.95 cents).