Rhode Island Solar Incentives (2026)
Rhode Island homeowners qualify for the 30% federal solar tax credit. Net metering policy: Full Net Metering. Average payback period: 6.5 years.
30%
Federal ITC
None
State Tax Credit
None
State Rebate
Full Net Metering
Net Metering
Federal Solar Incentives (Available in Rhode Island)
Federal Solar Investment Tax Credit (ITC)
Tax Credit30% of system cost
The federal ITC allows homeowners to deduct 30% of solar installation costs from federal taxes. Available for systems installed through 2032, stepping down to 26% in 2033 and 22% in 2034.
Expires: 2034-12-31
Rhode Island-Specific Solar Incentives
Rhode Island Renewable Energy Growth Program
SREC / REC Program$0.28/kWh for 20 years
REG provides fixed per-kWh payments for residential solar generation over 20 years.
Rhode Island Solar Overview
Peak Sun Hours
3.8 hrs/day
Avg Payback Period
6.5 years
20-Year Savings
$48,600
Electricity Rate
28.08¢/kWh
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Data verified March 2026 · Source: DSIRE, NREL, EIA