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3-year payback, $0.212/kWh avg rate, and 2,600 sun hours/year make Rhode Island one of the best states for commercial solar.
Avg Rate
$0.212/kWh
Sun Hours/Year
2,600
Net Cost (100kW)
$58K
Payback
3 yrs
Commercial solar in Rhode Island offers strong returns with an average commercial electricity rate of $0.212/kWh and 2,600 annual sun hours. A typical 100kW system costs $172K before incentives, with a net cost of $58K after the 30% federal ITC, achieving payback in 3 years.
Available up to 10 MW - Full retail rate
Fixed per-kWh payments for 20-year term
Full retail rate net metering up to 10MW
Total Cost
$172K
Net Cost
$58K
Annual Savings
$29K
Payback
3 yrs
Rhode Island Energy (PPL)
100 kW
System Cost
$160K
Federal ITC
-$64K
Net Cost
$49K
Payback
1.4 yrs
Annual Savings
$34,460/yr
25-Year ROI
2105%
CO2 Offset
1225 tons
The Renewable Energy Growth (REG) program provides fixed per-kWh payments of approximately $0.06/kWh for 20 years. Combined with high electricity rates and net metering, this makes RI one of the best states for commercial solar ROI.
Site-specific pricing with exact incentive calculations. No obligation.