Aerial view of residential solar panels in North Providence, Rhode Island - Solar Panel Cost

Solar Panel Cost in North Providence, RI

Updated 2026 guide to solar panel prices, savings, and payback period in North Providence.

Estimated savings

What solar costs and saves you

$3.10
Cost per watt
$18,600
Avg system cost
7 yr
Year payback
$36,000
25-year savings

Solar Panel System Costs in North Providence, RI

Below are estimated costs for different solar panel system sizes in North Providence, including the 30% federal solar tax credit.

System SizeCost Before IncentivesFederal Tax Credit (30%)Net CostEst. Annual Production
4 kW$12,400-$3,720$8,6805,548 kWh
6 kWMost Popular$18,600-$5,580$13,0208,322 kWh
8 kW$24,800-$7,440$17,36011,096 kWh
10 kW$31,000-$9,300$21,70013,870 kWh
12 kW$37,200-$11,160$26,04016,644 kWh

What Affects Solar Panel Cost in North Providence?

The average cost of solar panels in North Providence, RI is approximately $310/watt before incentives. For a typical 6kW residential system, that means a total cost of about $18,600 before the federal tax credit.

After applying the 30% federal Investment Tax Credit (ITC), your net cost drops to approximately $13,020.North Providence homeowners typically see a payback period of 7 years and save an estimated $36,000 over 25 years.

Factors that affect your cost in North Providence:

  • System size: Larger systems cost more but have a lower cost per watt
  • Equipment quality: Premium panels and inverters cost more but offer better efficiency
  • Roof complexity: Steep roofs, multiple levels, or shading can increase installation costs
  • Local labor rates: Installation costs vary within the North Providence metro area
  • Local permits: Permitting costs and requirements vary by municipality in North Providence
  • Incentives: State and local programs can significantly reduce your out-of-pocket cost
Beautiful home with solar panels in North Providence, Rhode Island

Solar Incentives Available in North Providence

Federal Solar Investment Tax Credit

30% Federal Tax Credit (ITC)

Rhode Island homeowners can combine the 30% federal ITC with the state's Renewable Energy Growth program for excellent returns.

30%
Tax credit

State & Local Incentives

Renewable Energy Growth (REG) Program

Rebate

Rhode Island's REG program provides fixed per-kWh payments for solar energy production over 15-20 years.

Value
Fixed rate payments for 15-20 years

Rhode Island Renewable Energy Fund Incentive

Rebate

Additional rebates available through the RI Renewable Energy Fund for residential solar installations.

Value
$0.65-$0.85/W for residential solar

Sales Tax Exemption

Sales Tax

Solar energy equipment is exempt from Rhode Island's 7% sales tax.

Value
100% sales tax exemption

Property Tax Exemption

Property Tax

Rhode Island exempts solar energy systems from local property taxes.

Value
100% property tax exemption

Net Metering

Rhode Island offers net metering at the full retail rate for residential solar systems. The state also has a virtual net metering program for community solar.

✓ Available

SRECs

Rhode Island's Renewable Energy Growth program provides a form of production-based incentive similar to SRECs, with fixed payments for solar production.

Est. Value: Fixed REG program rates

✓ Available
View all North Providence solar incentives →
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Top Solar Companies in North Providence, RI

SS

Sunergy Solutions LLC

4.9(146 reviews)
Years in business
6
Service area
Rhode Island
NS

NEC Solar

4.8(81 reviews)
Years in business
18
Service area
Rhode Island
VH

Venture Home Solar, LLC

4.5(732 reviews)
Years in business
11
Service area
Rhode Island
View all North Providence solar companies →
Frequently asked

Solar Panel Cost FAQ - North Providence, RI

The average cost of solar panels in North Providence is approximately $3.10 per watt before incentives. A typical 6kW residential system costs about $18,600 before the 30% federal tax credit, bringing the net cost to around $13,020.

The typical payback period for solar panels in North Providence is approximately 7 years. After that, you'll enjoy free electricity for the remaining 15-20+ years of your system's life, saving an estimated $36,000 over 25 years.

North Providence homeowners can take advantage of the 30% federal solar tax credit, which reduces your system cost by 30%. Rhode Island also offers net metering, SRECs, and various state-level incentive programs. Check our incentives page for the complete list.

North Providence homeowners can save an estimated $36,000 over 25 years by going solar. Actual savings depend on your electricity usage, system size, roof orientation, and available incentives. With electricity rates averaging $0.24/kWh in Rhode Island, solar provides significant long-term savings.

House with solar panels in residential area in North Providence, Rhode Island - Solar Panel Cost

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30%
Federal tax credit
$20K+
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