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Rhode Island Solar Information

Rhode Island isn't a bad state for solar but far from the strongest. There is a state tax credit that reduces your income tax. Along with basically wiping out your state income tax although not required by the state the three major utilities servicing all of Rhode Island offer net metering. As always in Rhode Island you are entitled to the 30% federal tax credit.
  • №35
    Rhode Island ranks in America for savings from installing solar panels on
  • 5852.79 kWh
    AC Energy output every year in Rhode Island in 4 kW system
  • 4.96 kWh
    Solar Radiation (kWh / m2 / day)
  • 14 ¢ /kWh
    The cost of electricity today in Narragansett Electric Co
  • 30 ¢ /kWh
    If you don't get solar. The forecast average utility price over the next 25 years

Rhode Island Solar Facts

  • $1.33
    Average cost of a 4kw solar power system in 2019.
  • 3 years
    Average system payback period.
  • $64 348
    Average lifetime savings.
  • 5 ¢ /kWh
    Levelized cost of solar energy.
  • 5 kW
    Recommended system size.
  • How much do solar panels cost in Rhode Island
  • $1.33 per watt
  • $5 965 total
  • 3 years

Perhaps the best incentive in Rhode Island is the Renewable Energy Growth Program for National Grid customers. The goal of the program is to promote the installation of renewable energy systems. When you install solar, you can receive a rebate of $0.2845 per kWh of energy your system produces, after a credit is applied to your bill for the amount of energy you produced. If you recieve a Rhode Island Renewable Energy Fund grant, you cannot take advantage of the Renewable Energy Growth program.

For example, if your solar system generated 200 kWh of power, you would have a performance-based incentive total of $56.90. Let’s say your home used a total of 300 kWh of power, at a rate of 19 cents per kWh - your total bill would be $57. You would receive a bill credit that is equal to the amount your solar system produced (200 kWh), times the rate of electricity (19 cents) - in this case the bill credit would be $38. That $38 is deducted from your total electric bill, meaning you would only have to pay $19. Then, to find the total incentive you will receive, you subtract the amount of your bill credit ($38) from your performance-based incentive total ($56.90). In this scenario, you would receive an incentive of $18.90.

Tell us how much you are spending on electricity and we’ll calcalute how much you can save if you get solar
According to Narragansett Electric Co, we received the cost of kWH in your area and calculated energy consumption based on an average electricity bill for 3 months.
I am claiming the 30% Federal Tax Credit (ends 2019) i

When you install your solar system, 30% of your project expenses apply toward a credit to offset any taxes you owe that year. This federal tax credit is a major incentive to go solar, but it is being phased out by 2022.

Most people are eligible to claim this credit (you must owe federal taxes to be eligible).

System size

  • Mini
  • Small
  • Medium
  • Large
We recommended
4.48 kW medium system size
Provides up to 80% of electricity consumption
$1.33 per watt
Average system cost
  • image rec 3
    14 x 325 watt
    solar panels
  • +
  • image rec 3
    14 x 300 watt
    microinverter
  • +
  • image rec 3
    1 x 5 000 watt
    inverter
$109.36 / month
Estimated savings on your average quarterly bill
  • $5 965.03
    Estimated system cost
    Excludes 30% Federal Tax Credit.
    This price does not include the installation cost.
  • 3 years
    Average system payback period
  • $64 347.98
    Estimated utility savings

Example of 4 kW system calculation in Minnesota for electricity bill $100

  • 14 ¢ /kWh
    The cost of electricity today in Narragansett Electric Co
  • 30 ¢ /kWh
    If you don't get solar. The forecast average utility price over the next 25 years
  • 5 ¢ /kWh
    levelized cost of solar energy

Relevant product for your system

Entry-level solar panels x 14
$2,602.32
  • View
  • View
Entry-level microinverter x 14
$1,971.00
  • View
Entry-level inverter x 1
$1,523.11
  • View
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In stock
Canadian Solar 315W Solar Panel 120 cell CS3K-320MS Monocrystalline Black - A1 Solar Store 28% Off
Cell number 120 cell
DC/Charger Volt Compatible 12v, 24v, 48v
Price per Watt $0.52
Rated Power Output 315 W
Voltage (VOC) 40.1V
Cell Type Monocrystalline
In stock
Canadian Solar 325W Solar Panel 60 cell CS1H-325MS Monocrystalline Black - A1 Solar Store 30% Off
Cell number 60 cell
DC/Charger Volt Compatible 12v, 24v, 48v
Price per Watt $0.57
Rated Power Output 325 W
Voltage (VOC) 43.4V
Cell Type Monocrystalline
In stock
JA solar 390 watt Solar Panel 72 cell JA-JAM72-S09-390PR-Q Monocrystalline White - A1 Solar Store
Cell number 72 cell
DC/Charger Volt Compatible 12v, 24v, 48v
Price per Watt $0.49
Rated Power Output 390 W
Voltage (VOC) 49.35V
Cell Type Monocrystalline
In stock
Panasonic HIT 330W Solar Panel 96 cell VBHN330SA17 Monocrystalline Black - A1 Solar Store 28% Off
Cell number 96 cell
DC/Charger Volt Compatible 12v, 24v, 48v
Price per Watt $1.01
Rated Power Output 330 W
Voltage (VOC) 69.7V
Cell Type Monocrystalline