SUNBEAM INNOVATIONS
Rhode Island offers an incredibly powerful incentive stack designed to make clean energy affordable and highly profitable. By combining federal tax relief with the state's aggressive performance-based payout programs, going solar is one of the best financial investments an Ocean State homeowner can make.
The primary driver of your upfront savings is the Federal ITC. This allows you to deduct 30% of your total gross solar and battery system cost directly from your federal income taxes. If your system costs $28,000, you are eligible for an $8,400 federal tax credit. There is no maximum cap, and the credit rolls over to the next year if your tax liability is lower than the credit amount.
This is Rhode Island's crown jewel incentive. Managed by Rhode Island Energy, the REG program pays you a fixed, premium price (a "tariff") for every kilowatt-hour (kWh) of electricity your solar panels generate. These contracts are locked in for 15 to 20 years, guaranteeing a long-term, highly predictable income stream that dramatically accelerates your Return on Investment.
If you install a solar battery (like the Tesla Powerwall) alongside your panels, Rhode Island Energy will literally pay you to use it. Through the ConnectedSolutions program, the utility can draw power from your battery during peak summer demand events, and in exchange, they send you a massive cash payout at the end of the season.
Rhode Island entirely exempts solar energy systems from the state's 7% sales tax, offering an immediate discount. Additionally, state law ensures that the added market value your solar system brings to your home is fully exempt from local property taxation, keeping your municipal taxes low.
Our engineers will build a custom solar blueprint engineered for your operation — backed by 30-year linear warranties and Tier-1 equipment.
