Rhode Island Local Incentives
Net Metering
Net-metering allows Rhode Island homeowners with eligible renewable energy systems to receive bill credits for all power generated up to 125 percent of the on-site consumption during a billing period. Your renewable energy system must be sited on your property. Eligible customer-sited net metering systems must be sized to meet on-site loads, based on a three-year average of electricity consumption at the property. The decision is binding for the lifetime of the contract.
Renewable Energy Growth Program
Residential Customers will receive a bill credit for energy and the system owner will be paid the remaining Performance Based Incentive (PBIs are set by the RI Distributed Generation Board, approved by the RI Public Utilities Commission and applicable from 4/1/23 – 3/31/24). Residential customer systems must be sized to produce electricity at a level not greater than the historic or estimated annual usage of the receiving customer. Residential customer projects must be located at a customer residence that receives electric service under the Basic Residential Rate A-16 or Low-Income Rate A- 60.
Solar Sales & Property Tax Exemptions
Rhode Island has a 100% sales tax exemption for eligible renewable energy materials and a residential property tax exemption.
Federal Tax Credit
The federal government offers a tax credit that covers 30% of the cost of your solar energy system. This isn’t a write-off or a deduction, but a dollar-for-dollar credit against your income taxes for the year the system is installed. You are eligible to claim all of this in one year.
What Homeowners are Saying
Rhode Island residents can save on home batteries
With our new home battery solutions, you can store excess energy generated from your solar panels and have backup power during outages, ensuring a seamless and reliable energy experience for your home while allowing you to save even more.
- Eligible for 30% federal tax credit
- $870 credit per year with Tesla Powerwall
- $1,280 credit per year with Enphase Home Solar Batteries
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Attention to detail.
Durable. Best-looking.
We offer the most efficient, durable, and best-looking home solar system on the market. Our minimal microinverters allow each panel to operate independently, making the system highly reliable and functional. You can easily monitor your solar system from anywhere through your smartphone, tablet, or computer.
Don’t just save on electricity – enhance the look of your home with our sleek and efficient solar panels.
- Made in the USA
- Cellular-based microinverters.
- All black panels. Always.
- Leading technology from top brands.
Custom designed.
Installed by local experts.
We know that solar systems shouldn’t be one-size-fits-all, so we customize and tailor our solar solutions to meet your specific needs.
We’ll provide a dedicated and certified in-house team to keep you informed every step of the way. We’ll help navigate local regulations and ensure you’re taking advantage of all the available incentives.
You can trust Venture Solar to provide you with a personalized and hassle-free experience.
- Our in-house local team of installers are experts.
- 25-year protection plans and energy guarantees.
- A new system up and running in under two months.
Flexible payments.
Peace of mind.
We believe that you and your home deserve the best. With our 25-year Service & Protection Guarantee, flexible payments, and reliable technology, we are committed to providing you with the savings and the peace of mind you deserve.
- A better energy service at a better price.
- Local experts and national support.
- Superior customer service and online tools.
Our customers couldn't be happier.
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