Providence receives approximately 4 peak sun hours per day, making it a good location for solar energy production. With an average monthly electric bill of $175 in Providence, homeowners could save $1,575/year by switching to solar.
A 8.1kW solar system in Providence could generate approximately 797 kWh/month, offsetting about 95% of the average electric bill.
Providence residents benefit from Rhode Island's solar incentives, including renewable energy growth program (reg) + net metering + federal tax credit (30%). property tax exemption.The 30% Federal Solar Tax Credit (ITC) applies to all installations nationwide, reducing your net system cost by nearly a third.
With 4 peak sun hours, a typical 8.1kW residential system in Providence produces enough energy to offset 95% of the average household's electricity usage. Over the system's 25+ year lifespan, that translates to $39,375 in total savings.