Question 1

What is the net metering rate in Rhode Island?

Accepted Answer

The current net metering export rate in Rhode Island is approximately $0.243/kWh under the Full Retail policy framework. Full retail net metering for systems up to 5 MW. Annual true-up. REG (Renewable Energy Growth) program also available. High retail rates make solar very attractive.

Question 2

What type of net metering does Rhode Island have?

Accepted Answer

Rhode Island uses a Full Retail net metering framework. Full retail net metering for systems up to 5 MW. Annual true-up. REG (Renewable Energy Growth) program also available. High retail rates make solar very attractive. The system size limit is Up to 5 MW.

Question 3

Is net metering available in Rhode Island?

Accepted Answer

Yes, Rhode Island has net metering available with a status of Active. The current policy took effect on 2017-01. The export rate is $0.243/kWh.

Question 4

How does Rhode Island's NEM rate compare to the retail electricity rate?

Accepted Answer

Rhode Island's NEM export rate of $0.243/kWh is 100% of the average retail electricity rate of $0.243/kWh. This means solar owners receive nearly full retail compensation for excess generation.

Net Metering in Rhode Island

NEM Policy Details — Rhode Island

Calculate Your NEM Savings in Rhode Island

NEM Rate Comparison

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