The Rhode Island Infrastructure Bank administers the Rhode Island Commercial Property Assessed Clean Energy (C-PACE) program, which provides long-term, fixed-rate financing for building upgrades in commercial and industrial properties. Eligible costs include up to 100% of hard and soft costs. Eligible projects include energy efficiency
Through the Agricultural Energy Program, agricultural entities interested in installing energy efficiency and renewable energy projects can receive grants of up to $20,000. Eligible technologies include biomass, thermal storage, solar thermal, geothermal, and HVAC systems, among others. Renewable energy technologies that are not listed in
The Rhode Island Efficient Buildings Fund (RIEBF) is a revolving loan fund that provides low-interest rate loans to governmental entities for new equipment used in energy efficiency projects, as well as for storage equipment installed in combination with renewable electricity generation. Borrowers must report energy
Rhode Island offers manufacturers and residential buildings a property tax exemption up to 100% for qualifying solar thermal, geothermal, biogas, and biomass systems.
Rhode Island offers sales and use tax exemption up to 100% for geothermal, DC-to-AC inverters interconnected with utility power lines, and solar thermal, including thermal storage systems connected to solar thermal systems and mounting racks and ballast pans for collectors.
Executive Order 23-06 requires state agencies to undertake certain energy efficiency measures. These include reducing emissions resulting from burning of onsite fossil fuels at buildings and in vehicles from a 2014 baseline 95% by 2050, with incremental goals leading up to 2050. State-owned buildings are
Rhode Island allows municipalities the option to offer property tax exemptions for qualifying solar thermal, geothermal, biogas, and biomass systems.
Rhode Island’s Renewable Energy Standard requires all retail electricity providers to derive 100% of retail sales from renewable resources by 2033 and thereafter, and meet incremental benchmarks up to that year. Retail electricity sales derived from eligible renewable resources placed into commercial operation before December
In Rhode Island, all public building construction (including schools) and public building renovation projects involving 40% or more of the building must achieve certain energy efficiency and green building standards. This requirement applies to structures of 10,000 sq. ft. or more.
