Net Metering in Rhode Island
Current NEM policy, export rates, and impact on solar payback for Rhode Island homeowners.
NEM Export Rate
$0.236
per kWh
Avg Retail Rate
$0.295
per kWh
% of Retail
80%
compensation
Policy Status
Active
since 2023-04
System Limit
Up to 5 MW
max eligible
NEM Policy Details — Rhode Island
How Rhode Island compensates your excess solar generation
New RI solar systems interconnected after April 15, 2023 receive an 80% retail export credit (~$0.2357/kWh) under RI Energy's net-billing tariff, rather than 1:1 full retail net metering. Systems interconnected on or before April 15, 2023 remain grandfathered at full retail terms. The Renewable Energy Growth (REG) program remains available as an alternative. Annual true-up.
Source: Rhode Island PUC, DSIRE · Effective: 2023-04
Calculate Your NEM Savings in Rhode Island
Annual Production
—
kWh/year
NEM Export Credits
—
per year
Total Annual Savings
—
per year
Payback Period
—
years
NEM Rate Comparison
Rhode Island's NEM rate is 80% of the retail electricity rate — partial retail compensation.
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