More about solar power in Rhode Island
Visit our Rhode Island solar incentives page for more information on state-sponsored programs that can help reduce the out-of-pocket costs of a solar energy system. As a quick review of the main incentive programs, however, it's worth mentioning that Rhode Island offers a 25-percent state tax credit to residents and businesses who install solar photovoltaic (PV) panels or a solar thermal (solar hot water) system. The maximum credit for both commercial and residential systems is $15,000 for solar panels and $7,000 for solar hot water systems. Note that excess credit cannot be carried over to subsequent years. See the Rhode Island Office of Energy Resources website for full details. Beyond the RI solar tax credits, the cost of installing a solar energy system may be reduced further by the 30% federal renewable energy tax credit, which is available to both homeowners and businesses. Plus, for commercial systems installed in 2009 and 2010, businesses can opt to receive a solar energy grant -- still worth 30 percent of system costs -- instead of the tax credit.
To move forward with your solar project in Rhode Island, simply fill out our solar energy information form. It's free and only takes a few minutes to complete. After learning about your monthly electricity usage, we'll work with our solar installation professionals serving Rhode Island to get you quality service and a great price. It's free and easy, so what are you waiting for? Be the next to get solar in Rhode Island!