Residential Renewable Energy System Tax Credit (Rhode Island)

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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

Date added to DSIRE 2014-12-03
Last DSIRE Review 2014-12-03



References DSIREDatabase of State Incentives for Renewables and Efficiency[1]


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.[1]

References

  1. 1.0 1.1  "Database of State Incentives for Renewables and Efficiency"