Rhode Island, the gem in New England, is known for sandy shores and seaside Colonial towns. And now? Add its growing solar industry to the list. Residential electricity rates in Rhode Island are more than 21% higher than the national average*, but increasing control over electric bills isn’t the only reason why Rhode Islanders are going solar. Installing a solar system may help you save, especially if you take advantage of ongoing incentives. You will also be investing in your home, and thanks to the property tax exemption,** you will not be responsible for paying property taxes on the added home value. Enroll Now
There are excellent federal and state financial incentives to help you switch to solar for less. With net metering, you will likely be off-setting most of your energy costs. By installing batteries, you may avoid paying for electricity at night. You can keep running off your own system. You may find yourself just paying the minimum monthly bill.
Rhode Island homeowners love the natural beauty the state offers. Preserving the outdoors is important for many residents. Every home that goes solar is directly contributing to the reduction of greenhouse gas emissions. By reducing your carbon footprint you help fight climate change and reduce pollution.
Many Rhode Island homeowners have already made the switch to solar, and they’re reaping the benefits of incentives and tax breaks. On top of tax savings, you can save on your monthly bills. With net metering, you will likely be off-setting most of your energy costs. By installing batteries, you may avoid paying for electricity at night. You can keep running off your own system. You may find yourself just paying the minimum monthly bill.
No one likes being surprised by a giant utility bill! Make budgeting easier by going solar. By producing your own energy, you may only have to worry about the minimum bill. Not to mention your monthly payment for solar may remain the same during your term.
Everyday more Rhode Island homeowners go solar, many do so to invest in their homes. In the last 5 years there has been a 45% solar price drop in Rhode Island.*** By investing in your home, you can build equity and make it more attractive to potential buyers.**
With Rhode Island's Renewable Energy Systems Sales Tax Exemption, you won’t pay any sales tax on the purchase of your system, and the Uniform Capacity Tax and Exemption for Solar keeps you from having to pay increased property taxes. Rhode Island also offers net metering through the Public Utility Comission, which allows you to sell your excess energy back to the grid and get a credit on your energy bill. As of February 2, 2021, net metering is credited on a one-to-one exchange.
Rhode Island homeowners are also eligible for the Solar Investment Tax Credit (ITC).**** The ITC allows you to deduct 26 percent of the cost of installing a solar energy system from your federal taxes.Enroll Now
Going solar is a big decision, and although there are many factors you should consider, local weather shouldn’t be a deterrent. Solar panels are designed to work in almost any type of weather… even snow and clouds!
There are sunny days ahead for solar. The more sun you have access to, the longer sun rays shine directly at them. The more energy you produce, the more excess you may be able to send back to the grid. Take advantage of the excess through net metering and other incentive programs.
As the rain pours down, your panels will continue to be hard at work. Solar panels will work with reflected or partially blocked sun rays to keep your home powered. Your production is linked to the amount of clouds. Rain will have some effect on your production, but the rays will still penetrate through the rain. It may actually help keep through the rain. It may actually help keep your panels working efficiently as they wash away any dust or dirt.
It is a misconception that panels don’t work on cloudy days. The best way to know how much the clouds affect your system’s performance is to monitor your system on sunny days and compare. Your system may actually be more efficient without the excess heat. This is because solar systems prefer the cold! The sun’s rays are still able to penetrate through cloudy skies and keep your system running.
Amazingly enough, even when covered in snow a solar system can still produce power! Scattered light filters through snow and reaches solar panels even when the snow cover is fairly heavy. Your solar panels may actual be more efficient in light snow. Cold weather helps them perform better, and usually snow slides right off. Power production may be reduced with heavier snowfall, but your system can still produce.
Solar panels are highly reliable and sturdy, they hardly notice your average winds. In most cases, damage from wind will be due to weakened roofs, not solar panels. This is why we assess your roof condition and reccomend any repairs prior to installing your system. In the event that higher winds cause an outage in the grid, you will still have power if you have batteries with your system.