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Energy Independence
Source: 2015–2025 Rhode Island Energy Residential Last Resort Supplier and All-In Delivery Rates (www.rienergy.com)
Electricity Rates Are Rising in Rhode Island
Rhode Island is especially vulnerable to electricity rate volatility due to its overwhelming dependence on a single fuel source, natural gas. When natural gas prices spike, so do utility bills. Solar changes that. It creates predictability by locking in a portion of your electricity costs and protecting you from future increases.
How Solar Gives You Control
By installing solar panels, and especially by pairing them with battery storage, you gain control over your energy use and protect yourself from unpredictable rate hikes. Solar generates power directly from your roof during the day, while batteries store the excess to power your home or business at night or during a grid outage. That means fewer surprises on your energy bill and more confidence during storms or peak demand periods. With solar and storage, you gain true energy independence, reducing reliance on utility companies and fossil fuels and increasing your ability to manage your own energy future.
$0.31/kWh
Rhode Island Energy Fall 2024 Rate
31% Increase
Fall rate spike from 2021 to 2022
Investment In Your Property
Smart Financial Returns
Solar is one of the smartest investments you can make in your property. It immediately reduces your electricity bill and offsets one of the most volatile and growing operating expenses, energy. With generous federal and Rhode Island incentives, the upfront cost is often lower than expected. The typical payback period in Rhode Island is 6 to 10 years for a solar only system. Adding battery storage may extend that timeline, but the added energy security is often worth it. After that, your system provides low cost, clean power for decades.
Value for Homes and Businesses
For homeowners, solar can increase property value, especially when systems are thoughtfully designed and aesthetically integrated. For business owners, solar strengthens the bottom line, improves long term planning, and signals a commitment to operational sustainability. No matter the size of your home or building, solar helps put your roof to work.
23,612
Solar installs in Rhode Island
4.1% Increase
In home value
with solar
In home value with solar
Environmental and Community Benefits
Cleaner Energy, Healthier Communities
Every kilowatt hour of solar reduces fossil fuel demand, cuts greenhouse gas emissions, and helps lower air pollution across the state. It is a direct contribution to Rhode Island’s clean energy future and a healthier, more resilient environment.
Local Jobs and Economic Strength
The impact of solar extends beyond emissions. Choosing solar helps create high quality, stable jobs for electricians, engineers, project managers, and support staff, all right here in Rhode Island. It keeps energy dollars local and supports the communities we live and work in. When you go solar, you invest in more than just your property, you invest in your local economy and a stronger future.
23,612
Solar installs in Rhode Island
100% by 2033
Rhode Island’s clean energy target
“It’s the best decision I ever made. I look at the panels on my house and feel good knowing I’m doing something for the future.”
- Martha Neale
Why I Chose Solar?
Rhode Island Office of Energy Resources spoke with one of our customers about why she chose solar.
Her story shows what clean energy looks like in real life, and how it all starts with one home.
Start Your Solar Journey Today
Ready to take the next step? Our team is here to answer your questions, guide you through the process, and design a solar solution that’s right for your home or business. Let’s build a brighter future together.
300 Old Baptist Rd., Unit 2, North Kingstown, RI 02852
(401) 295-4500
