Go Solar In Rhode Island
Rhode Island: Small State, Big Solar Potential!
Cut Your Utility Bill With Residential Solar
The amount Rhode Island electricity bills are over the national average.
The amount solar energy production is expected to grow in RI in the next 5 years.
The amount that going solar in Rhode Island will add to your property tax bill.
Solar Makes Sense
For RI Homeowners
Rhode Island may be small, but it offers some of the biggest value for homeowners interested in going solar.
The Ocean State has been a long-time leader in renewable energy. Today, Rhode Island’s state-level incentives and net metering, combined with federal tax credits, make this New England state one of the best places in the country to declare your energy independence.
As a homeowner in Rhode Island, you can save money and live more comfortably with solar. Zenernet can help – book your consultation now, or read on to learn more.
See how much solar in Rhode Island can save you.
Why Go Solar
In Rhode Island?
Although there are certainly sunnier states, Rhode Island boasts some of the most attractive money-saving policies for homeowners interested in going solar in the entire U.S! High electric rates – the 4th highest in the nation – make going solar especially good value for Rhode Island residents.
In 2020, Rhode Island set an ambitious goal of making the state’s electricity mix 100% renewable within 10 years. Part of the effort to achieve that goal is the REGrowth program, which some in the solar industry say should be a model for the rest of the nation to follow. Under REGrowth, homeowners can get paid 28.75 cents per kilowatt-hour (kWh) of energy their solar system produces, above the usual market rate, for the first 15 years after their system is installed. Participating homeowners get a bill credit each month, and the remainder of their REGrowth earnings as a cash payment.
Rhode Island Solar Grants
Another incentive that Rhode Island homeowners considering solar should definitely be aware of is CommerceRI’s Renewable Energy Fund grants. This program pays homeowners $0.85 per watt through the solar installer, up to a maximum of $7000. For a typical 5 kW residential system, this equates to a payout of several thousand dollars, helping to make going solar even more affordable. The only drawback is that funds for the grant program are limited annually, so homeowners need to take advantage before enrollment is full.
Making Your Utility Pay You With Solar Net Metering
Net Metering programs make solar more financially beneficial for homeowners in many states. Simply put, Net Metering allows energy your solar system produces that you don’t use to be sent back to the grid, and your utility credits you for it, increasing your savings. The value of Net Metering in Rhode Island varies by utility – some ratepayer-owned local utilities have actually increased their Net Metering payout. Your Zenernet energy consultant can help you understand how much Net Metering benefits you.
Rhode Island Solar Quick Facts
Average cost to install solar panels in Rhode Island
Average payback period
Average 20-year savings
Average electricity bill offset
*Costs, payback periods, and savings vary based on county.
Ready to talk to a Rhode Island solar expert?
Are Solar Panels Worth It
In Rhode Island?
Going solar in Rhode Island is not only a smart financial decision today but a stable, predictable investment for years to come. In 2022, solar panels are no longer a luxury purchase. Significant improvements in solar technology and reductions in installation costs have given Rhode Island homeowners the power to save money while giving them greater freedom from reliance on utility companies.
Reduce or Eliminate Your Electric Bill
Powering your home with renewable solar energy can significantly reduce your dependence on utility companies and lower your monthly energy costs.
Better yet, if your home solar system produces more energy than you need that month, many Rhode Island utility companies will give you credit on your next electric bill. That means on those few cloudy days when your solar system isn’t producing enough power, you can apply solar credits to your monthly electricity bill to reduce or even eliminate the out-of-pocket cost.
Solar Technology Has Improved Greatly
Since the invention of the first usable solar panel in 1954, solar technology and solar panel efficiency have evolved rapidly. In less than 70 years, solar panel efficiency has increased by more than 100%.
Recently named one of the World’s Most Innovative Companies, Zenernet is making solar smarter with the latest smart home technology. With our easy-to-use monitoring portals, you can conveniently view real-time and long-term solar production stats from any device. In addition to our innovative monitoring systems, we also offer an array of smart home add ons to help you take control of your home energy use and get even more value out of your solar investment.
Build Equity in Your Home
Not only does solar power help you save on your utility bills, but it can also increase the value of your home. Recent studies show that installing solar panels in your home can increase the value of your home by up to 4.1%. With the typical home value in Rhode Island at almost $400,000 in 2021, that’s a premium of over $16,000!
Gaining energy independence, adopting the latest technology, lowering utility costs, and building equity on your home are just a few of the reasons why Rhode Island residents are investing in solar with Zenernet.
Choosing The Right Solar Panels
For Your Home
When it comes to choosing the right solar equipment for your home, there is a lot to consider. Solar Panels – the most visible component of your system – are not one size fits all. Solar panels vary by type, appearance, performance, and cost.
In addition to the panels, there are several other essential components to your home solar system, including but not limited to the inverter, battery, and racking system. When it comes time to decide on the right equipment for your home, it’s important to remember that every home and location is unique.
At Zenernet, we work with you to design the perfect solar system for your unique needs. We partner with the leading solar equipment manufacturers on the market today to source the best quality solar equipment available. These partnerships allow our team of experts to create a custom combination of components for your home, so you only pay for the solar system you want – nothing more.
We are committed to facilitating a stress-free and transparent customer experience from start to finish. Book a no-pressure consultation to answer all your questions about going solar.
Rhode Island Solar Panel
Tax Credits and Exemptions
Going solar doesn’t have to be a financial burden. With Zenernet, many homeowners can switch to solar and start saving right away with federal incentive programs. Since implementing the Federal Solar Investment Tax Credit (ITC) in 2006, the U.S. solar industry has grown by more than 10,000%. Due to the success of this program, homeowners will continue to benefit from this tax credit through 2024.
In addition to the federal tax credit and the state level grant programs already discussed, Rhode Island has state tax incentives for homeowners going solar. We’ve talked about how going solar adds value to your home. Ready for more good news? In Rhode Island, renewable energy upgrades are exempt from property taxes, so your property taxes won’t go up if you go solar. Solar energy systems are also exempt from sales taxes in Rhode Island, saving you a considerable amount of money immediately.
All Zenernet solar installations qualify for the Federal tax credit. In preparation for your solar installation, our team of energy experts will help you take advantage of the solar tax credit and incentive opportunities that are available to you.
Get Rhode Island Solar News On The Zenernet Blog
Visit the Zenernet blog for news on the solar industry and on developments in government policy that affect solar in Rhode Island and across the nation.
Why Choose Zenernet
In Rhode Island
Become one of the thousands of Rhode Island residents who are saving money and living more comfortably with residential solar. Take advantage of sunny weather, attractive tax incentives, and Net Metering that makes your utility pay you. You can save thousands of dollars over the life of your solar installation, gain independence from your utility companies, and contribute to a better future!
You deserve the peace of mind that comes with knowing that you are no longer dependent on Rhode Island utility companies to power your life and home. Take back your power with Zenernet solar and start saving thousands right away. Book a no-pressure consultation to answer all your questions about going solar.