Estimated Savings for a Typical Rhode Island Home
Based on a $150/month electric bill
System Size
5.2 kW
Gross Cost
$18,275
Federal Credit
-$5,482
State Incentive
-$7,500
Net Cost
$5,292
Annual Savings
$1,460
Payback Period
3.6 yrs
25-Year Savings
$44,578
CO₂ Offset/yr
5,891 lbs
Rhode Island Solar Incentives
30%
Federal Investment Tax Credit (ITC)
Deduct 30% of your total solar installation cost from your federal taxes. Available through 2032 with no dollar cap.
$7,500
Rhode Island State Incentive
Rhode Island offers a 25% state tax credit up to $7,500.
Net Metering Policy: Full Retail
Top utility in Rhode Island: National Grid RI. View full incentives detail →
Solar Costs by City in Rhode Island
| City | Annual Savings | Payback (yrs) | Population ↓ | Utility |
|---|---|---|---|---|
| Providence | $1,460 | 4.5 | 190,934 | National Grid RI |
| Warwick | $1,460 | 5.1 | 82,672 | National Grid RI |
| Cranston | $1,460 | 3.1 | 81,456 | National Grid RI |
| Pawtucket | $1,460 | 4.5 | 72,958 | National Grid RI |
| East Providence | $1,460 | 4.6 | 47,149 | National Grid RI |
| Woonsocket | $1,460 | 3.9 | 43,224 | National Grid RI |
| Coventry | $1,460 | 3.3 | 35,669 | National Grid RI |
| Cumberland | $1,460 | 3.1 | 35,214 | National Grid RI |
| North Providence | $1,460 | 5.3 | 32,411 | National Grid RI |
| West Warwick | $1,460 | 4.7 | 29,581 | National Grid RI |
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Quick Facts: Rhode Island
- ⚡ Avg rate: $0.228/kWh
- 🌞 Peak sun: 4.2 hrs/day
- 🏭 Top utility: National Grid RI
- 📋 Net metering: Full Retail