Implementing Sector: | State |
Category: | Financial Incentive |
State: | Rhode Island |
Incentive Type: | Property Tax Incentive |
Web Site: | http://www.energy.ri.gov/renewable/tax/ |
Administrator: | Rhode Island Office of Energy Resources |
Start Date: | 01/01/2001 |
Eligible Renewable/Other Technologies: | Solar Water Heat, Solar Space Heat, Solar Photovoltaics |
Name: | R.I. Gen. Laws § 44-57-4 (a)(6) |
NOTE: H.B. 8354 enacted on July 2016 included provision that exempted qualifying renewable energy equipment used in residential and manufacturing sector to be exempt from property taxes throughout the state, thereby superseding the reduction in solar energy property tax assessment provision. Renewable energy equipment used in commercial facilities are not included in the exemption.
Rhode Island law provides that for purposes of local municipal property tax assessment, certain residential solar-energy systems may not be assessed at more than the value of a conventional heating system, a conventional water-heating system, or energy production capacity that otherwise could be necessary to install in a building. Qualifying systems include photovoltaic (PV) systems, solar hot-water systems and active solar space-heating systems. Equipment must be new. (Passive solar systems, and systems installed on boats or vehicles do not qualify.)
Input your address to see if it is solar friendly and how much you can save with solar.
Great. Your address is perfect for solar. Solar incentive is still available. Select monthly utility cost and calculate the size of solar system you will need now.
kw System size | years Payback period | Lifetime savings |
No money down, 100% finance is available.
Explore New Solar Potentials with NEM 3.0 on HahaSmart
April 26, 2023NEM 3.0 Goes Live in California: What It Means for EPCs and Homeowners?
April 13, 2023Increase Your Solar Sales with Our New Feature: Solar Access with Google Sunroof
March 28, 2023Homeowner Profiles Connect with Solar Pros
March 2, 2023