Solar Panel Savings in Narragansett Pier, RI
Calculate how much you can save with solar panels in Narragansett Pier, Rhode Island. Based on 4.5 peak sun hours/day and 20.0¢/kWh average electricity rate.
4.5
Peak Sun Hours/Day
20.0¢
Avg Rate (¢/kWh)
8.1 yr
Payback Period
$54k
25-Year Savings
Narragansett Pier Solar Overview
Calculate Your Narragansett Pier Solar Savings
Narragansett Pier average: $180/mo
South-facing roofs produce the most energy
Add $8,000-$12,000 for whole-home battery backup
Annual Production
kWh/year
Annual Savings
per year
Net System Cost
after 30% ITC
Payback Period
break-even time
25-Year Total Savings
$53,901
Monthly Savings
$132
Federal Tax Credit
$5,328
Cumulative Savings vs System Cost
Cost Breakdown
| Item | Narragansett Pier | National Avg |
|---|---|---|
| Gross System Cost (6kW) | $17,760 | $17,100 |
| Federal Tax Credit (30%) | -$5,328 | -$5,130 |
| Net System Cost | $12,432 | $11,970 |
| Cost Per Watt | $2.96/W | $2.85/W |
Solar Potential in Narragansett Pier
Sun Hours vs National Average
Narragansett Pier gets exactly the national average sun hours.
Climate Advantages
- 199 sunny days per year
- Average temperature: 54°F — cooler temps actually improve panel efficiency
- Average roof size: 1,662 sq ft — enough for a 92-panel system
Narragansett Pier Solar Incentives & Programs
Federal Investment Tax Credit (ITC)
30% of total system cost deducted from federal taxes. For a $17,760 system, that's a $5,328 credit. Valid through 2032.
Rhode Island State Incentives
Renewable Energy Growth Program.
Net Metering — Rhode Island Energy
Rhode Island Energy offers net metering in Narragansett Pier. Earn credits for excess solar energy sent to the grid, reducing your electric bill further.
Environmental Impact in Narragansett Pier
3.3
Tons CO2 Offset/Year
54
Equivalent Trees Planted
0.7
Homes Worth of Energy
Based on 7,884 kWh annual production with a 6kW system. EPA average: 0.417 metric tons CO2 per MWh, 10,632 kWh per US home.
Solar Energy in Narragansett Pier, Rhode Island
Narragansett Pier, Rhode Island receives an average of 4.5 peak sun hours per day, providing excellent conditions for residential solar installations. With electricity rates averaging 20.0¢ per kWh from Rhode Island Energy, well above the national average of 16.63¢/kWh, solar panels offer exceptional savings potential.
A typical 6kW solar system in Narragansett Pier produces approximately 7,884 kWh per year, saving homeowners an estimated $1,578 annually. The system pays for itself in about 7.9 years, after which you enjoy essentially free electricity for the remaining 17+ years of the system's warranty life.
Narragansett Pier has a solar penetration rate of 8.6% — showing growing adoption of residential solar, with significant room for expansion. The cost of living index of 100.1 (national average: 100) is near the national average.
Other Cities in Rhode Island
Frequently Asked Questions
How much do solar panels cost in Narragansett Pier, RI?
The average cost of a 6kW solar panel system in Narragansett Pier is approximately $17,760 before incentives ($2.96/watt). After the 30% federal Investment Tax Credit, the net cost is about $12,432. Renewable Energy Growth Program.
How many peak sun hours does Narragansett Pier get?
Narragansett Pier, RI receives an average of 4.5 peak sun hours per day and approximately 199 sunny days per year. This is near the national average, providing good conditions for residential solar panels.
What is the solar payback period in Narragansett Pier?
The average solar payback period in Narragansett Pier is approximately 8.1 years. After payback, your solar panels generate essentially free electricity for the remaining 15-20 years of their warranty. Over 25 years, total savings can reach $53,901.
Does Narragansett Pier have net metering?
Yes, Narragansett Pier has access to net metering through Rhode Island Energy. This allows you to earn credits for excess solar energy sent to the grid, significantly improving your solar investment returns.
Is solar worth it in Narragansett Pier, RI?
Absolutely. With a 8.1-year payback period and $53,901 in 25-year savings, solar is an excellent investment in Narragansett Pier. The 30% federal tax credit and above-average electricity rates help make solar financially attractive.