Solar Savings Calculator for Rhode Island

Rhode Island homeowners pay an average of $175/month for electricity at 27.5¢/kWh. With 4.1 peak sun hours per day, solar can dramatically cut your energy costs.

$175
Avg Monthly Bill
27.5¢/kWh
Electricity Rate
4.1h/day
Peak Sun Hours
$62,397
Est. 25-Year Savings

Calculate Your Savings in Rhode Island

Adjust Your Details for Rhode Island

$
$50$1,000
50010,000
5¢50¢

Your Estimated Solar Savings

System Size
5.2 kW
Panel Count
13 panels
Total System Cost
$15,340
Federal Tax Credit (30%)
-$4,602
Net Cost
$10,738
Annual Savings
$2,100
Payback Period
5.1 years
25-Year Savings
$62,397
Return on Investment
581%

* Estimates based on 4.1 peak sun hours/day in Rhode Island, system cost of $2.95/watt, 30% federal ITC, 3% annual electricity inflation, and 0.5% annual panel degradation over 25 years. Actual results may vary.

Solar Incentives in Rhode Island

Federal Solar Investment Tax Credit (ITC)

Reduces federal income tax liability by 30% of the total cost of a solar energy system, including equipment and installation.

30% of system cost

Rhode Island Renewable Energy Growth (REG)

Long-term performance-based incentive through National Grid.

$0.26-0.35/kWh for 20 years

Cities in Rhode Island

Select your city for a more precise estimate with local electricity rates and utility information.

Providence

27.8¢/kWh · 4.1h sun/day

Avg bill: $178/mo · Rhode Island Energy

Cranston

27.5¢/kWh · 4.1h sun/day

Avg bill: $175/mo · Rhode Island Energy

Warwick

27.5¢/kWh · 4.2h sun/day

Avg bill: $178/mo · Rhode Island Energy

Pawtucket

27.8¢/kWh · 4.1h sun/day

Avg bill: $170/mo · Rhode Island Energy

East Providence

27.5¢/kWh · 4.1h sun/day

Avg bill: $172/mo · Rhode Island Energy

Woonsocket

27.8¢/kWh · 4h sun/day

Avg bill: $168/mo · Rhode Island Energy

More Solar Resources for Rhode Island

Rhode Island Solar IncentivesTax credits, rebates, and SRECsRhode Island Cost ComparisonSolar vs. grid costs over 25 yearsRhode Island System SizingHow many panels your home needsRhode Island Permits & RegulationsLocal permit requirements and HOA rulesIs Solar Worth It in Rhode Island?Data-driven analysis for your stateRhode Island Financing OptionsCompare loans, leases, and PPAs

Go Solar in Rhode Island

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