Residential Renewable Energy System Tax Credit (Rhode Island)

Summary

Last modified on December 17, 2014.

Financial Incentive Program

Place	Rhode Island
Name	Residential Renewable Energy System Tax Credit
Incentive Type	Personal Tax Credit
Applicable Sector	Residential
Eligible Technologies	Solar Water Heat, Solar Space Heat, Photovoltaics, Wind, Geothermal Heat Pumps
Active Incentive	Yes
Implementing Sector	State/Territory
Energy Category	Renewable Energy Incentive Programs
Amount	25% of the cost of the system
Carryover Provisions	Not eligible; must be claimed in the tax year when the system was placed in service
Eligible System Size	Solar PV: Must be battery or grid connected; minimum size of 24 sq. ft. Solar Hot Water: Minimum collector area of 34 sq. ft.; storage tank of at least 80 gallons Active Solar Heating: Minimum collector area of 125 sq. ft. Wind: Must have rotor diameter of 44 inches, and factor rated output of 250W at 28 mph Geothermal: Must have coefficient of performance of 3.4 or greater or efficiency ratio of 16 or greater Geothermal: Must have coefficient of performance of 3.4 or greater or efficiency ratio of 16 or greater
Equipment Requirements	Must be new
Maximum Incentive	Solar PV: Maximum credit of 15,000 Solar Hot Water: Maximum credit of 7,000 Active Solar Heating: Maximum credit of 15,000 Wind: Maximum credit of 15,000 Geothermal: Maximum credit of 7,000 Geothermal: Maximum credit of 7,000
Program Administrator	Rhode Island Office of Energy Resources
References	DSIREDatabase of State Incentives for Renewables and Efficiency

Summary

Rhode Island (RI) law provides 25% tax credit for installing residential renewable energy systems. Eligible systems include photovoltaic (PV) systems, solar domestic hot water system, active solar space heating, geothermal, or a wind-generating system. Applicants must be residents of RI and must own, rent, or the contract buyer of the dwelling served by the renewable energy systems. Maximum incentive for system depends on the technology type and is provided in table above.

To receive the credit applicants must obtain system certification from the State Energy office, or the systems must be installed by a contractor holding a contractor certification issued by the State energy office.

Incentive Contact

Contact Name	Chris Kearns
Department	Office of Energy Resources
Address	One Capitol Hill
Place	Providence, Rhode Island
Zip/Postal Code	02908
Phone	(401) 575-9113
Email	christopher.kearns@energy.ri.gov

Authorities (Please contact the if there are any file problems.)

Authority 1:	Chapter 44-57-4 et seq

• Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.