Solar Companies in Rhode Island

Rhode Island may be the smallest state, but it has one of the most aggressive renewable energy programs in the country. The Ocean State receives about 3.9 peak sun hours daily and has electricity rates exceeding $0.24/kWh, making solar a powerful financial tool for homeowners.

Rhode Island's Renewable Energy Fund (REF), managed by Rhode Island Commerce Corporation, provides per-watt incentive payments for residential solar installations. The state offers a 10% income tax credit for solar, full retail net metering through Rhode Island Energy (formerly National Grid), and exemptions from both sales tax and property tax on solar equipment. The state's 100% Renewable Energy Standard by 2033 ensures ongoing policy support.

Providence, Warwick, and Cranston are the main residential solar markets. With stacked incentives and some of the highest electricity rates in the country, Rhode Island homeowners regularly achieve payback periods of just 5-7 years.