Rhode Island Solar
Incentives & Rebates

Updated March 7, 2021

Rhode Island Electric Rates

The cost of electricity in Rhode is well above the national average, making going solar more financially rewarding.

Rhode Island Net Metering

Strong and clear net metering laws are a bonus in Rhode Island. Net metering is the measuring system for when solar panels or other renewable energy generators connect to the public utility. Net metering allows customers to offset the cost of the power they pull from the utility with credits they earn through their home energy system. If your system produces more power than you need, the excess is sold to the grid, which you see as a credit on your energy bill.

Rhode Island Interconnection Standards

The standards in Rhode Island are among the best in the nation. Interconnection standards are the requirements for connecting solar and other electrical generation systems to the grid. They make installation easier and usually less expensive, and net metering is more reliable too.

Rhode Island Sales Tax Exemption

Pay no state sales tax in Rhode Island on the purchase of an installed solar energy system.

Rhode Island Property Tax Exemption

The value of your Rhode Island home will not be reassessed after you add a solar system. You keep paying property tax based on the value before adding the system.

Don’t Forget the Federal Tax Credit, Rhode Island!

On top of these great rebates and exemptions for everyone living in Rhode Island, there’s also the hefty tax credit from the Federal government. The Investment Tax Credit (ITC) is currently worth 26 percent of the system cost, and will be deducted from your Federal income tax. The credit goes only to those who buy their system (cash or loan), not those who lease. When you lease a system, incentives go to the third-party owner. That’s a great reason to buy, not lease.