Typical home: Worth it

Solar in Providence, RI

With Rhode Island Energy's electricity at about 29.5¢ per kWh and 1,294 kWh of sun per kW, solar is worth it for a typical Providence home today: about a 4.9-year payback.

Payback, typical home
4.9 yrsRhode Island: 5 yrs
25-year net
$63,875after paying $9,380
Sun
1,294kWh per kW per year
Electricity
29.5¢64% above U.S. average

A typical Providence home, by the numbers

UtilityRhode Island Energy
Electricity use552 kWh a month
Best-value system5.6 kW, about 13 panels, 7,244 kWh a year (109% of use)
Cost$18,620, or $9,380 after state incentives
First-year savings$1,905
Payback4.9 years
Exported power25¢/kWh (Rhode Island Energy)

Cash purchase, no federal credit, 4.0% yearly rate increases. Run it with your own numbers.

Solar production per kW in Providence

kWh per kW each month, south-facing at 20° tilt. PVWatts v8 with local typical-year weather.

Show as a table
PeriodValue
Jan83
Feb87
Mar118
Apr128
May135
Jun129
Jul138
Aug128
Sep114
Oct95
Nov71
Dec66

Homes in Providence

Owner-occupied homes
41%
Single-family detached
26%
Median home value
$362k
Median year built
1938
Population
191,767
Roofs suitable for solar†
85%

Census ACS 2020–2024. †Share of 31,388 buildings Google Project Sunroof rated technically suitable (2019 snapshot).

Older housing stock. Many homes here were built before 1975. Have the roof and electrical panel checked before signing; a roof or panel upgrade can add thousands. Roof first?

Installers working in Providence

Public installation records for Rhode Island don't name installers, so we can't rank local companies here. Browse installers in Rhode Island.

Always verify the license and get at least three quotes. Compare quotes side by side.

Questions about solar in Providence

Is solar worth it in Providence, RI?

For a typical home in Providence, solar is worth it at 2026 prices: a 5.6 kW system costs about $9,380 after state incentives, saves about $1,905 in year one and pays back in about 4.9 years. Enter your address for an estimate based on your roof and bill.

How much solar power does a system produce in Providence?

About 1,294 kWh per year for each kW of panels on a south-facing roof, based on PVWatts and local weather. That's 0% less than the Rhode Island average. East- or west-facing roofs produce roughly 10–20% less.

Who is the electric utility in Providence?

Most homes in Providence are served by Rhode Island Energy, at about 29.5¢ per kWh on average.

How much do solar panels cost in Providence?

A fair cash price is around $3.20 per watt before incentives, so about $18,620 for a 5.6 kW system. There's no federal tax credit for homeowners who buy in 2026.

Nearby

Data: PVWatts (National Laboratory of the Rockies), EIA-861 2025 adjusted to 2026, U.S. Census ACS, LBNL Tracking the Sun, state policy research as of October 2026.