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Residential Renewable Energy Tax Credit (Personal) (Rhode Island)
Incentive/Active false  +
Incentive/Amt 25% of costs  +
Incentive/ApplDsc Residential  +
Incentive/Auth2Code Rhode Island Public Law 10-020  +
Incentive/Auth2DtEff 2011-01-01  +
Incentive/Auth2DtEnact 2010-06-09  +
Incentive/Auth2Link http://www.rilin.state.ri.us/publiclaws/law10/law10020.htm  +
Incentive/AuthCode R.I.G.L. § 44-57-1, et seq.  +
Incentive/AuthLink http://www.rilin.state.ri.us/Statutes/TITLE44/44-57/INDEX.HTM  +
Incentive/CarOvProv Credit may not be carried over to subsequent years  +
Incentive/Cont2Addr One Capitol Hill  +
Incentive/Cont2Dept Rhode Island Division of Taxation  +
Incentive/Cont2Name Public Information  +
Incentive/Cont2Phone (401) 574-8935  +
Incentive/Cont2Phone2 (401) 574-8922  +
Incentive/Cont2Place Providence, Rhode Island  +
Incentive/Cont2Website http://www.tax.state.ri.us/  +
Incentive/Cont2Zip 02908  +
Incentive/ContAddr One Capitol Hill  +
Incentive/ContDept Rhode Island Office of Energy Resources  +
Incentive/ContEmail charlie.hawkins@energy.ri.gov  +
Incentive/ContName Charles Hawkins  +
Incentive/ContPhone (401) 574-9100  +
Incentive/ContPlace Providence, Rhode Island  +
Incentive/ContWebsite http://www.energy.ri.gov  +
Incentive/ContZip 02908-5890  +
Incentive/EligSysSize PV: minimum module size of 24 square feet&
PV: minimum module size of 24 square feet<br /> Solar hot water: minimum collector area of 34 square feet<br /> Active solar heating: minimum collector area of 125 square feet<br /> Wind: minimum capacity of 250 watts at 28 mph<br /> Geothermal: minimum coefficient of performance of 3.4 or minimum efficiency ratio of 16
e of 3.4 or minimum efficiency ratio of 16  +
Incentive/EnergyCat Renewable Energy Incentive Programs  +
Incentive/ImplSector State/Territory  +
Incentive/MaxInc Based on maximum system cost of 15,000 for PV, active solar space heating and wind;<br /> Based on 7,000 maximum system cost for solar hot water and geothermal  +
Incentive/Name Residential Renewable Energy Tax Credit (Personal)  +
Incentive/PVResTCMaxDol $3,750  +
Incentive/PVResTCPercC 25%  +
Incentive/ProgAdmin Rhode Island Office of Energy Resources  +
Incentive/QuantNotes SB2921 removed tax credit; not available f
SB2921 removed tax credit; not available for systems installed in 2011. PV minimum module size is 24 sf. Min. solar space heat is 125 sf. The tax credit is equal to 25% of the system cost and applies only to residential installations. The credit is available to the resident or business that pays for the system. Data entered as residential.
r the system. Data entered as residential.  +
Incentive/SSHResTCMaxDol $3,750  +
Incentive/SSHResTCPercC 25%  +
Incentive/SWHResMinSz 60  +
Incentive/SWHResSzUnit sf  +
Incentive/SWHResTCMaxDol $1,750  +
Incentive/SWHResTCPercC 25%  +
Incentive/Summary '''''NOTE: Due to changes in the Rhode Isl
'''''NOTE: Due to changes in the Rhode Island Personal Income Tax in 2010, the Renewable Energy Tax Credit is not available for systems installed in 2011, unless proposed legislation reinstates the tax credit. Be sure to contact the Rhode Island Energy Office for the latest information on this tax credit.''''' Rhode Island offers a personal tax credit for photovoltaic systems (on-grid and off-grid), solar hot-water systems, active solar-heating systems, wind-energy systems and geothermal-energy systems. The tax credit is equal to 25% of the system cost ''and applies only to residential installations''. The credit is available to the resident or business that pays for the system. Photovoltaic (PV) systems must have a minimum module size of 24 square feet, and must either be connected to the grid or to a battery-storage system. PV systems up to $15,000 are eligible for the full 25% credit. (A resident or business that pays for a PV system that exceeds $15,000 in cost will receive a credit based on a $15,000 system cost.) Solar hot-water systems must have a minimum collector area of 34 square feet and must include a storage tank that holds at least 80 gallons. Solar hot-water systems up to $7,000 are eligible for the full 25% credit. (A resident or business that pays for a solar hot-water system that exceeds $7,000 in cost will receive a credit based on a $7,000 system cost.) Active solar-heating systems must have a minimum collector area of 125 square feet, and must include a system for storing and/or distributing heat to the living area of a house. Active solar-heating systems up to $15,000 are eligible for the full 25% credit. (A resident or business that pays for an active solar-heating system that exceeds $15,000 in cost will receive a credit based on a $15,000 system cost.) Wind-energy systems must have a rotor diameter of at least 44 inches and a minimum factory-rated output of at least 250 watts (W) at 28 miles per hour. Wind-energy systems up to $15,000 are eligible for the full 25% credit. (A resident or business that pays for a wind-energy system that exceeds $15,000 in cost will receive a credit based on a $15,000 system cost.) Geothermal systems must have either a minimum coefficient of performance of 3.4, or an efficiency ratio of 16 or greater. All geothermal systems must have a commissioning sign-off by the manufacturer or distributor of the equipment to verify the proper installation and performance of the system. In addition, all geothermal systems must meet the following standards: * ARI/ASHRAE/ISO-13256-1 for water-to-air geothermal systems * ARI/ASHRAE/ISO-13256-2 for water-to-water geothermal systems * ARI/ASHRAE/ISO-13256 GWHP for groundwater heat pumps * ARI/ASHRAE/ISO-13256 GLHP for closed-loop heat pumps Geothermal systems up to $7,000 are eligible for the full 25% credit. (A resident or business that pays for a geothermal system that exceeds $7,000 in cost will receive a credit based on a $7,000 system cost.) The following systems are ''not'' eligible for the credit: passive solar space-heating systems, passive solar hot-water systems, sunspaces, solar greenhouses, PV and wind systems on boats or recreational vehicles, solar collectors for pools, existing renewable-energy systems, used renewable-energy equipment, and repairs and replacements of existing renewable-energy systems. To apply for the tax credit, taxpayers must first obtain a system approval from the Rhode Island Office of Energy Resources (RI OER), which is to be attached to the income tax filing. The RI OER website provides details on the criteria and application for system approval. Although the statute contains a provision for RI OER to certify contractors in lieu of requiring system certification, contractor certification procedures are not in place at this time.
procedures are not in place at this time.  +
Incentive/TechDsc Ground Source Heat Pumps + , Photovoltaics + , Solar Space Heat + , Solar Water Heat + , Wind +
Incentive/Type Personal Tax Credit +
Incentive/WindResTCMaxDol $3,750  +
Incentive/WindResTCPercC 25%  +
Incentive/WindTCMinKW 0.25  +
OpenEI/PageDescription Residential Renewable Energy Tax Credit (Personal): energy incentive program.  +
OpenEI/PageKeyword Energy Incentives  + , Rhode Island  + , Personal Tax Credit  + , Rhode Island Office of Energy Resources  +
Place Rhode Island: Energy Resources +
Website http://www.energy.ri.gov/renewable/index.php  +
Categories Financial Incentive Programs , Incentive with Contacts , Incentive with Authorities , Quantitative Incentives , Tax Credits Incentives , Photovoltaic Incentives , Solar Space Heating Incentives , Solar Water Heating Incentives , Wind Incentives , Pages with reference errors
Modification date
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00:00:07, 13 February 2015  +
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