Clear River Electric & Water District

Clear River Electric & Water District serves customers in Harrisville, Pascoag in Rhode Island with a residential electricity rate of $0.17 per kWh. This is 2% above the national average of $0.168/kWh, meaning solar savings are especially significant for customers looking to reduce their energy costs.

At current rates, a typical Clear River Electric & Water District household using 900 kWh per month spends approximately $1,850 per year on electricity. An 8 kW solar system can offset most or all of that usage, saving an estimated $1,644 annually and $59,957 over the 25-year life of the system. With Rhode Island incentives of $2,800, the net system cost drops to $22,736, with a payback period of just 13.8 years.

As a municipal utility, Clear River Electric & Water District sets its own rates and policies independently. Clear River Electric & Water District offers net metering, allowing solar customers to receive credits for excess energy sent back to the grid. The utility offers a solar rebate of $0.65 per watt up to $5,000. Heat pump rebates of up to $1,000 are also available.

The federal residential solar tax credit (Section 25D) expired at the end of 2025. State and utility-level incentives are now the primary financial benefits for homeowners going solar. NuWatt Energy handles the entire process from system design through permits and Clear River Electric & Water District interconnection, ensuring you receive every available rebate.