Commercial Solar in Rhode Island
Commercial Solar
At Newport Solar, we specialize in helping Rhode Island businesses like yours harness the power of the sun. Our commercial solar solutions are designed to reduce your energy costs, increase your Net Operation Income (NOI), and provide a strong return on investment. With typical paybacks under 6.5 years and internal rates of return reaching over 10%, going solar is a smart financial decision.
Experience
With the deep experience developed from 900+ systems installed over the last 14+ years, Newport Solar designs, builds, and installs robust solar energy systems delivering enduring value for our customers.
With low-pressure sales and high-quality installations, we use only premium solar panels and optimized components designed for efficient installation, low-maintenance and long-lasting performance.
Your investment will deliver value for decades to come…
and we will be there with you along the way.
Benefits of Commercial Solar in Rhode Island
- Federal Investment Tax Credit (ITC): Recoup 30% of your solar project costs through this valuable tax credit.
- Domestic Content Tax Credit Bonus: Get an additional 10% tax credit by using U.S.-manufactured solar components.
- Depreciation Benefits: Utilize MACRS to accelerate depreciation and increase tax savings.
- Rhode Island Renewable Energy Fund (REF) Grant: Secure state funding to offset the cost of your solar installation.
- Rural Businesses (REAP) Grant: Rural and agricultural businesses can receive grants for up to 50% of solar project costs.
- Renewable Energy Growth Program (REG): If you’re looking to get direct payments for your solar production, the REG Program can be a great way to assure the value of solar is captured by your business.
Why Choose Newport Solar for Your Commercial Solar Project?
We’re a local Rhode Island company committed to helping businesses in our community achieve their financial and sustainability goals. Our team of experts handles every aspect of your solar project, from design and permitting to installation and maintenance. We’ll also help you navigate the available incentives to maximize your savings.
Remember:
- We’re experts in commercial solar in Rhode Island.
- Our solutions are tailored to reduce costs and increase NOI.
- We handle everything from design to maintenance.
- We help you access top incentives for maximum savings.