Complete Guide to Solar Energy in Rhode Island

Your complete resource for solar energy in Rhode Island. Everything you need to know about REG incentives, net metering, renewable energy tax exemptions, and solar installation across the Ocean State.

$2.94
Cost per Watt (2025)
5-7 years
Average Payback Period
27.92¢/kWh
Average Electricity Rate
4.23 hours
Daily Peak Sun Hours

Why Rhode Island is Perfect for Solar Energy

Highest Electricity Rates in America

With average electricity rates of 27.92¢/kWh—71% above the national average—Rhode Island homeowners pay some of the highest utility bills, making solar savings exceptional and payback periods remarkably short.

Renewable Energy Growth (REG) Program

The REG program offers 15-20 year fixed contracts with performance-based payments of 26.15-27.75¢ per kWh generated, providing guaranteed income that significantly accelerates solar returns beyond standard net metering.

Complete Tax Exemptions

100% sales tax exemption (saving 7%) plus property tax exemption for renewable energy systems ensure solar adds no tax burden while increasing your home’s value significantly.

Net Metering Up to 125%

Rhode Island allows net metering for systems generating up to 125% of on-site consumption, ensuring you receive full bill credits for excess generation at retail rates.

Quick Solar Facts

Average System Size: 7-10 kW
Annual Generation: 8,500-12,000 kWh
Federal Tax Credit: 30% (until December 31, 2025)
Typical Payback: 5-7 years
System Lifespan: 25-30 years

Quick Solar Savings Calculator

Important 2025 Updates

Winter Electricity Rate Increase (October 2025)

Rhode Island Public Utilities Commission approved a 16% increase in winter electric rates starting October 1, 2025, bringing average residential bills to 27.92¢/kWh. This rate hike makes solar an increasingly attractive investment with faster payback periods and greater long-term savings.

Rate Increase Details →

REG Program 2025 Enrollment

Rhode Island Energy’s Renewable Energy Growth Program continues accepting applications for 2025 with fixed performance-based payments. Small-scale residential solar systems can lock in 15-20 year contracts at 26.15-27.75¢/kWh, providing guaranteed income superior to standard net metering.

REG Program Information →

Rhode Island Solar Laws & Regulations

Understanding the legal framework that supports solar energy in Rhode Island

Sales & Property Tax Exemptions

Rhode Island provides 100% sales tax exemption (7%) on all solar equipment and installation purchases. Additionally, renewable energy systems used in residential and manufacturing sectors are exempt from property taxes, ensuring solar adds no tax burden while increasing home value.

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Net Metering Program

Rhode Island allows net metering for systems up to 10 MW designed to generate up to 125% of on-site consumption. Customers receive bill credits for excess generation at retail rates (27.92¢/kWh average), with credits rolling over monthly for maximum value.

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Renewable Energy Growth (REG) Program

The REG program, administered by Rhode Island Energy, offers 15-20 year fixed-rate contracts with performance-based payments of 26.15-27.75¢/kWh for residential solar. This alternative to net metering provides guaranteed long-term income. Note: You cannot participate in both REG and net metering simultaneously.

Learn More →