Rhode Island solar incentives. Wow!

[Brian26]

To those of you in Rhode Island you should seriously look into solar if you have a good location.

There is a $1 a watt upfront incentive and you can be locked into .25 cents a kwh for the the next 20 years for power sent back to the grid. Payback is an insane 3-4 years.

http://programs.dsireusa.org/system/program/detail/5523

http://commerceri.com/finance-business/renewable-energy-fund/small-scale-projects/

 

[begreen]

Looks like WA state just voted in an incentive renewal package too. 54 cents per kWh when a WA state made system in used.

 

[WoodyIsGoody]

Looks like WA state just voted in an incentive renewal package too. 54 cents per kWh when a WA state made system in used.

Do you have a source for that? Last I heard the incentive was expiring soon because the incentive was capped and was reaching the limit. I can't find news that it was extended.

 

[begreen]

The source was our local solar installer who has been following the progress of the bill by the minute. I'll see if I can dig up more details. They passed on the news from the WA State solar installers association which reported 47-2 approval in the Senate and 74-19 in the House.

 

[WoodyIsGoody]

The source was our local solar installer who has been following the progress of the bill by the minute. I'll see if I can dig up more details. They passed on the news from the WA State solar installers association which reported 47-2 approval in the Senate and 74-19 in the House.

It must be pretty recent. I'm interested in this because it looks like a 5.5 kW system on my roof is a no-brainer!

 

[peakbagger]

How it works in most states with incentives is that if you are not installing solar on your house you are paying to install it on the neighbors house through increased system benefit charges.