NOTE: Since this post was written, we began serving all of Rhode Island.
As of today, New England Clean Energy is operating in Providence County, Rhode Island, which is home to 30+ cities, towns and villages in the northern half of the state. Rhode Island may be the nation’s smallest state, but it has plenty of homeowners and businesses who can benefit from solar electric systems.
In fact, solar is poised to take off there with the state preparing to launch a new incentive in June. The ‘feed-in tariff’ (FIT), as I’m calling it until a better name is announced, will allow solar owners to pay off their solar energy systems in roughly seven years, and then make thousands of dollars more after that.
Between this “FIT” payment, the federal tax credit which gives solar owners back 30 percent of their system cost, and our No Money Down loans, there’s never been a better time to go solar in Rhode Island.
Our expansion into Rhode Island comes less than a year after we announced we were serving southern New Hampshire in addition to central Massachusetts. Are we trying to conquer the world? Hardly. In fact, when I started New England Clean Energy, I made a commitment to limit our service area to a one-hour drive from the office, to minimize the company’s carbon footprint. The towns we serve in the Granite State to the north, and now the Ocean State to the south, are within that self-imposed geography.
It all fits with our plan to run a sustainable business that offers stable jobs, helps the planet, and is around long term to serve our customers.
Oh, and in case you’re wondering, that’s the Rhode Island state flower above (violet), state flag and state tree — make that a leaf from the state tree (the red maple).
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Comparing Rhode Island Solar Incentives