Rhode Island

Benefits of Going Solar in Rhode Island:

1. Reduce or eliminate electricity bills

2. Earn credits for excess electricity produced and fed back into the grid

3. Increase property value

4. Reduce carbon footprint and help the environment

5. Enjoy federal tax credits and other incentives

Top Utilities Net Metering Policies in Rhode Island:

1. National Grid - offers net metering to residential and commercial customers with systems up to 25 kW in size. Excess generation is credited to the customer's next bill at the retail rate, and any excess credits are paid out annually at the avoided cost rate.

2. Pascoag Utility District - offers net metering to residential and commercial customers with systems up to 25 kW in size. Excess generation is credited to the customer's next bill at the retail rate, and any excess credits are paid out annually at the avoided cost rate.

Rebates and Incentives in Rhode Island:

1. Renewable Energy Growth Program - offers performance-based incentives for renewable energy systems, including solar. Incentives are based on the amount of electricity produced and paid out over a 15-year period.

2. Residential Renewable Energy Income Tax Credit - provides a state tax credit equal to 25% of the net cost of a renewable energy system, up to a maximum of $10,000.

3. Sales Tax Exemption - exempts residential and commercial solar energy systems from state sales tax.

4. Property Tax Exemption - exempts renewable energy systems, including solar, from property tax assessments for 20 years.

5. Solarize Rhode Island - a statewide program that offers discounted pricing for solar installations through a partnership with local solar installers.