Rhode Island General Laws Title 39. Public Utilities and Carriers § 39-20-1. Declaration of public necessity

(1) That electric utilities operating in the New England states be permitted to participate together in the common ownership of electric-generating facilities that will contribute towards a reliable bulk power supply in New England, achieve increased reliability and economies of generation, and thereby promote lower overall cost of power within the state;

(2) That such advantages can be obtained through joint planning, ownership, operation, and use, or any combination thereof, of electric-generating facilities within or without the state for the generation of electricity to be consumed within or without the state;

(3) That domestic electric utilities be authorized and granted rights both within and without the state to participate in the ownership of electric-generating facilities; and

(4) That foreign electric utilities be authorized and granted rights within this state to own or participate in the ownership of electric-generating facilities.