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Solar Panel ROI in Providence County, RI

Is going solar worth it in Providence County? Here are the numbers.

Avg System Cost

$12,420

After Tax Credit (30%)

$8,694

Est. Payback Period

1.8 yrs

25-Year ROI

1302%

Solar Economics in Providence County

Investment Breakdown

System Cost (est.)$12,420
Federal Tax Credit (30%)-$3,726

Net Cost$8,694

Annual Savings

Est. Annual Energy Savings$4,876
Median Home Value$310,500

Median Household Income$72,579

About Providence County, Rhode Island

Providence County in Rhode Island has a median household income of $72,579 and median home value of $310,500. With an estimated payback period of 1.8 years, solar is a strong investment for homeowners in this area.

These estimates use county-level medians and national averages for solar irradiance. Your actual ROI depends on roof orientation, shading, local utility rates, and available state/local incentives beyond the federal 30% ITC.

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Other Counties in Rhode Island

County-level data from U.S. Census Bureau American Community Survey (ACS) 2022 5-Year Estimates. Additional sources: EIA, NREL, DSIRE. Solar cost estimates based on county-level home values and national averages. This is not financial advice.