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Solar power in Rhode Island
Solar power in Rhode Island has become economical due to new technological improvements and a variety of regulatory actions and financial incentives, particularly a 30% federal tax credit, available through 2016, for any size project. A typical residential installation could pay for itself in utility bill savings in 14 years, and generate a profit for the remainder of its 25 year life. Larger systems, from 10 kW to 5 MW, receive a feed-in tariff of up to 33.45¢/kWh.〔(Rhode Island State Solar Power Rebates, Tax Credits, and Incentives )〕〔(Distributed Generation Standard Contracts )〕
Due to the state's small size and comparatively low insolation, solar installations are limited to predominantly rooftop and megawatt scale installations. Approximately 23% of electricity used in Rhode Island could be provided from rooftop solar panels.〔(Report Argues for a Decentralized System of Renewable Power Generation )〕 A 10 to 15 MW photovoltaic power plant is planned for a former landfill in East Providence.〔(R.I. EDC approves grant, loan for solar-power project, Bristol repair shop )〕
==Government policy==
The Government of Rhode Island has taken a variety of actions in order to encourage solar energy use within the state. Nineteen schools have installed a 2 kW or larger solar panel that can be monitored on the Internet, similar to the programs in Australia and New Zealand.〔(Solar Installation Map )〕 A variety of solar arrays have been installed at state facilities, which can also be monitored.〔(RI lands $1.5M to install solar panels on state property )〕〔(News Release )〕
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