Client: Conservation Law Foundation and Environmental Defense
Author: Elizabeth A. Stanton, PhD
April 2026
On behalf of the Conservation Law Foundation and Environmental Defense, Principal Economist Elizabeth A. Stanton, PhD, submitted direct testimony before the Rhode Island Public Utilities Commission describing the methodology and results of the benefit-cost analysis “RI Test” performed on the proposed Rhode Island residential heat pump in Docket No. 25-45-GE. Dr. Stanton found that the net impact of a heat pump rate is a system-wide cost savings of $11.9 million, or benefit to cost ratio of 1.3. The proposed residential heat pump rate shows greater benefits than costs under the RI Test methodology.
Rhode Island Heat Pump Rate “RI Test” Report
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