RI: New law contains boatload of renewables incentives


A new law in Rhode Island includes numerous provision designed to expand the state’s growing solar and DG markets. First, S. 2450 extends the expiration date of the per-kWh surcharge supporting Rhode Island’s Renewable Energy Fund by five years. Second, the Renewable Energy Growth Program was revised to allow “community remote distributed generation systems” and “shared solar facilities” to participate. Third, S. 2450 expands net metering, explicitly allowing virtual net metering and third-party ownership of net-metered systems. Fourth, it expands property tax incentives and treatment of solar PV and other renewables.

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