Home › Rhode Island Electric Rates
Rhode Island · Updated August 2026
Rhode Island electric rates in 2026
What every Rhode Island utility actually charges, where the number comes from, and what it means for your bill.
Ranked #1 by Solar Power World · Inc. 5000 · 20,000+ installations
Every utility, side by side
What Rhode Island homeowners pay
| Utility | All-in rate | Full breakdown |
|---|---|---|
| Residential average | 29.46¢ | EIA, August 2026 |
| National average | 18.44¢ | Rhode Island runs about 60% higher |
| Regional average | 25.91¢ | New England, 38% above national |
| Market | Deregulated | Supply can be shopped |
Figures as published August 2026. Each utility resets on its own schedule — check your bill for the rate on your account.
How Rhode Island works
Why the number is what it is
Rhode Island Energy is the state's investor-owned utility. Rhode Island is a deregulated market, so you can shop the supply portion of your bill.
Rhode Island residential rates average 29.46 cents per kilowatt-hour — fourth highest in the country and roughly 60% above the national average of 18.44 cents. Six of the ten most expensive states are in New England.
The honest cost picture
Two ways to pay for solar
If you buy the system you own the equipment, keep any renewable credits, and carry maintenance. If you use a PPA it is $0 upfront — we install and own the system, you buy the power it produces, and you only pay for what it actually generates.
The residential federal tax credit (25D) ended for systems purchased after December 31, 2025.
You will still see ads promising a 30% credit that “ends December 31.” Read the date on them. What remains applies to the owner of the system — which, under a PPA, is us. SolarAmerica does not provide tax advice; talk to your tax professional.
Who you would be working with
SolarAmerica
Sources
Where these numbers come from
Every figure on this page is drawn from a public filing or a published rate schedule. We update it when the utility resets.
- Rhode Island Public Utilities Commission — rate filings
- ISO New England — wholesale market data
- U.S. Energy Information Administration — Electric Power Monthly
Last updated August 2026.
See what your roof and your utility add up to
About 60 seconds. No cost, no obligation, and we will tell you if solar does not make sense for your home.
Ranked #1 by Solar Power World · 20,000+ installations · Licensed installers