Solar Panel Savings in North Smithfield, RI
Calculate how much you can save with solar panels in North Smithfield, Rhode Island. Based on 3.9 peak sun hours/day and 20.1¢/kWh average electricity rate.
3.9
Peak Sun Hours/Day
20.1¢
Avg Rate (¢/kWh)
8.1 yr
Payback Period
$47k
25-Year Savings
North Smithfield Solar Overview
Calculate Your North Smithfield Solar Savings
North Smithfield average: $181/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
$46,933
Monthly Savings
$115
Federal Tax Credit
$4,644
Cumulative Savings vs System Cost
Cost Breakdown
| Item | North Smithfield | National Avg |
|---|---|---|
| Gross System Cost (6kW) | $15,480 | $17,100 |
| Federal Tax Credit (30%) | -$4,644 | -$5,130 |
| Net System Cost | $10,836 | $11,970 |
| Cost Per Watt | $2.58/W | $2.85/W |
Solar Potential in North Smithfield
Sun Hours vs National Average
North Smithfield gets 13% less sun than the national average, but high-efficiency panels compensate.
Climate Advantages
- 196 sunny days per year
- Average temperature: 52°F — cooler temps actually improve panel efficiency
- Average roof size: 1,816 sq ft — enough for a 100-panel system
North Smithfield Solar Incentives & Programs
Federal Investment Tax Credit (ITC)
30% of total system cost deducted from federal taxes. For a $15,480 system, that's a $4,644 credit. Valid through 2032.
Rhode Island State Incentives
Renewable Energy Growth Program.
Net Metering — Rhode Island Energy
Rhode Island Energy offers net metering in North Smithfield. Earn credits for excess solar energy sent to the grid, reducing your electric bill further.
Environmental Impact in North Smithfield
2.8
Tons CO2 Offset/Year
47
Equivalent Trees Planted
0.6
Homes Worth of Energy
Based on 6,833 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 North Smithfield, Rhode Island
North Smithfield, Rhode Island receives an average of 3.9 peak sun hours per day, offering adequate solar resources for homeowners looking to reduce their electricity bills. With electricity rates averaging 20.1¢ 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 North Smithfield produces approximately 6,833 kWh per year, saving homeowners an estimated $1,374 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.
North Smithfield has a solar penetration rate of 5.1% — showing growing adoption of residential solar, with significant room for expansion. The cost of living index of 106.2 (national average: 100) is near the national average.
Other Cities in Rhode Island
Frequently Asked Questions
How much do solar panels cost in North Smithfield, RI?
The average cost of a 6kW solar panel system in North Smithfield is approximately $15,480 before incentives ($2.58/watt). After the 30% federal Investment Tax Credit, the net cost is about $10,836. Renewable Energy Growth Program.
How many peak sun hours does North Smithfield get?
North Smithfield, RI receives an average of 3.9 peak sun hours per day and approximately 196 sunny days per year. While below the national average, solar panels can still provide significant savings due to advancing panel technology.
What is the solar payback period in North Smithfield?
The average solar payback period in North Smithfield 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 $46,933.
Does North Smithfield have net metering?
Yes, North Smithfield 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 North Smithfield, RI?
Absolutely. With a 8.1-year payback period and $46,933 in 25-year savings, solar is an excellent investment in North Smithfield. The 30% federal tax credit and above-average electricity rates help make solar financially attractive.