Energy Storage Target

September 10, 2024

Summary

S.B. 2499A, enacted in June 2024, established an energy storage procurement target with the following goals:

90 MW by December 31, 2026
195 MW by December 31, 2028
600 MW by December 31, 2033

The bill authorized the Rhode Island infrastructure bank, in consultation with the Office of Energy Resources, to develop one or more programs to meet the energy storage procurement goals. Any such programs should target installations by residential classes of electric customers, low-income residential classes of electric customers, commercial classes of electric customers, energy storage systems connected to the distribution or transmission system in front of the meter and not associated with a customer’s electric load.

Program Overview

Implementing Sector:	State
Category:	Regulatory Policy
State:	Rhode Island
Incentive Type:	Energy Storage Target
Web Site:	https://www.riib.org/
Administrator:
Start Date:
Eligible Renewable/Other Technologies:

Authorities

Name:	S.B. 2499A
Date Enacted:	06/26/2024

Contact

Name:	Public Information Officer
Organization:	Rhode Island Infrastructure Bank
Address:
Phone:	(401) 453-4430
Email:	info@riib.org

This information is sourced from DSIRE; the most comprehensive source of information on incentives and policies that support renewables and energy efficiency in the United States. Established in 1995, DSIRE is operated by the N.C. Clean Energy Technology Center at N.C. State University.