Rhode Island Office of Energy Resources
Rhode Island Office of Energy Resources
One Capitol Hill
Providence, RI 02908-5890
Phone: (401) 574-9100
Fax: (401) 222-1260
E-Mail: [email protected] Web Site: http://www.energy.ri.gov
| Incentive Type | Corporate Tax Credit |
|---|---|
| Eligible Technologies | Solar Water Heat, Solar Space Heat, Photovoltaics, Wind, Geothermal Heat Pumps |
| Applicable Sectors | Residential |
| Incentive Amount | 25% of costs |
| Maximum Incentive | Based on maximum system cost of $15,000 for PV, active solar space heating and wind; Based on $7,000 maximum system cost for solar hot water and geothermal |
| Eligible System Size(s) | PV: minimum module size of 24 square feet Solar hot water: minimum collector area of 34 square feet Active solar heating: minimum collector area of 125 square feet Wind: minimum capacity of 250 watts at 28 mph Geothermal: minimum coefficient of performance of 3.4 or minimum efficiency ratio of 16 |
| Equipment Standards | None Listed |
| Installation Standards | None Listed |
| Carryover Provisions | Credit may not be carried over to subsequent years |
| Incentive Type | Property Tax Incentive |
|---|---|
| Eligible Technologies | Solar Water Heat, Solar Space Heat, Photovoltaics, Wind, Biomass, Geothermal Heat Pumps, Small Hydroelectric |
| Applicable Sectors | Commercial, Industrial, Residential, Agricultural |
| Incentive Amount | Varies (local option) |
| Maximum Incentive | None Listed |
| Eligible System Size(s) | None Listed |
| Equipment Standards | None Listed |
| Installation Standards | None Listed |
| Start Date | None Listed |
| Incentive Type | Property Tax Incentive |
|---|---|
| Eligible Technologies | Solar Water Heat, Solar Space Heat, Photovoltaics |
| Applicable Sectors | Residential |
| Incentive Amount | System assessed at no more than conventional energy system |
| Maximum Incentive | None Listed |
| Eligible System Size(s) | None Listed |
| Equipment Standards | None Listed |
| Installation Standards | None Listed |
| Start Date | None Listed |
| Incentive Type | Sales Tax Incentive |
|---|---|
| Eligible Technologies | Solar Water Heat, Solar Space Heat, Solar Thermal Electric, Photovoltaics, Wind, Geothermal Heat Pumps, Solar Pool Heating |
| Applicable Sectors | Commercial, Residential, General Public/Consumer |
| Incentive Amount | 100% exemption |
| Maximum Incentive | None |
| Eligible System Size(s) | None Listed |
| Equipment Standards | None Listed |
| Installation Standards | None Listed |
| Start Date | 7/15/2005 |
| Incentive Type | State Grant Program |
|---|---|
| Eligible Technologies | Solar Water Heat, Solar Space Heat, Solar Thermal Electric, Photovoltaics, Landfill Gas, Wind, Biomass, Hydroelectric, Geothermal Electric, Anaerobic Digestion, Tidal Energy, Wave Energy, Ocean Thermal, Fuel Cells using Renewable Fuels |
| Applicable Sectors | Commercial, Industrial, Nonprofit, Schools, Local Government, Multi-Family Residential, Low-Income Residential, Agricultural, Institutional |
| Incentive Amount | Varies by project type |
| Maximum Incentive | $750,000 (varies by project type) |
| Eligible System Size(s) | None Listed |
| Equipment Standards | None Listed |
| Installation Standards | None Listed |
| Start Date | 12/15/2008 |
| Incentive Type | State Loan Program |
|---|---|
| Eligible Technologies | Solar Water Heat, Solar Space Heat, Solar Thermal Electric, Photovoltaics, Landfill Gas, Wind, Biomass, Hydroelectric, Geothermal Electric, Anaerobic Digestion, Tidal Energy, Wave Energy, Ocean Thermal, Fuel Cells using Renewable Fuels |
| Applicable Sectors | Commercial, Industrial, Nonprofit, Schools, Local Government, Multi-Family Residential, Low-Income Residential, Agricultural, Institutional |
| Incentive Amount | Varies by project type |
| Maximum Incentive | $750,000 (varies by project type) |
| Eligible System Size(s) | None Listed |
| Equipment Standards | None Listed |
| Installation Standards | None Listed |
| Start Date | 12/15/2008 |