Solar Panels in Providence, RI

Providence, Rhode Island residents are served by Rhode Island Energy, which charges $0.29 per kWh for residential electricity. This is 73% above the national average of $0.168/kWh. At this rate, a typical household using 900 kWh per month spends approximately $3,132 per year on electricity—money that could be going toward building equity in a solar system instead.

An 8 kW solar system in Providence can offset most or all of a typical home’s electricity usage, saving approximately $2,784 per year. Over the 25-year lifespan of the system, that adds up to $101,503 in total savings. With Rhode Island state incentives of $2,800, the net system cost drops to $22,736, resulting in a payback period of just 8.2 years.

Rhode Island Energy is an investor-owned utility serving Providence and surrounding communities. Net metering is available, meaning excess solar energy you produce earns bill credits from Rhode Island Energy. Heat pump rebates of up to $11,500 are also available for Providence homeowners.

The federal residential solar tax credit (Section 25D) expired at the end of 2025, making state and utility incentives more important than ever. NuWatt Energy installs solar panels, heat pumps, EV chargers, and battery storage directly in Providence—no subcontractors or lead-selling middlemen. We handle every step from system design through Rhode Island Energy interconnection.