MySolarCheck

Solar Panel Cost & Installation Data in Rhode Island

Observed Records
4,630
Reported Capacity
194 MW
Observed Avg Cost
$4.15/W

Median: $3.84/W

Dataset Rank
#25

86% residential

28.65¢
Residential Rate (EIA 2024)
3.9h
Peak Sun Hours/Day
11.8 yrs
Est. Payback Period
$14,661
Est. Annual Savings

Environmental & Community Impact

CO₂ Offset/Year
216,435 tons
CO₂ Offset/System/Year
33.7 tons
Installations per 10K Residents
42.3
State Population
1,094,250
Est. Annual Production/System
51,172 kWh

Estimates use average system size, a 3.9h/day state solar-resource proxy and a 14% system-loss assumption. Payback excludes financing and incentives. Context sources: NREL, EIA and EPA eGRID (0.709 metric tons CO₂/MWh).

System Overview

Avg System Size
41.8 kW
Battery Adoption
4.6%
Third-Party Owned
1.2%

Cost Trend ($/W)

Avg Cost per Watt

2008201320152017201920212023

Installation Growth (Last 5 Years)

Installer Names in the Source Records

InstallerObserved Records
Sol Power Energy695
Newport Electric Construction680
Bright Ops445
Rgs Energy351
Sunwatt Solar324
Trinity Solar299
Rooftop Power235
Isaksen Solar130
New Port Renewable113
Nec Solar109

Panel Brands in the Source Records

BrandObserved Records
-11,303
Solaria Corporation332
REC Solar262
Hanwha Qcells (Qidong) Co. Ltd.223
SolarWorld220
LG Electronics Inc.194
Qcells North America185
Silfab173
SunPower146
Hanwha Q-Cells121

Rhode Island Solar Incentives

State-program snapshot

Is Solar Worth It in Rhode Island?

Modeled homeowner analysis

Primary dataset: LBNL Tracking the Sun 2024 release. Counts represent records in the source release, not a complete statewide census.