Rhode Island Electricity Rates 2026 — Cost per kWh & Savings
The average electricity rate in Rhode Island (RI) is $0.2389/kWh, ranking #46 among US states. The average monthly bill is $120 for 502 kWh of usage.
Calculate Your Rhode Island Electric Bill
Electricity Savings Tips for Rhode Island
Rhode Island has high electricity rates, making solar panels very attractive financially. The state offers RECs (Renewable Energy Certificates) and strong net metering. The Renewable Energy Fund provides grants for solar installations.
Primary Utility: Rhode Island Energy
Rhode Island has a deregulated electricity market. This means you can shop for competitive electricity supply rates from third-party providers while your local utility (Rhode Island Energy) still handles delivery. Shopping for a lower supply rate can save 10-20% on your bill.
Solar Energy in Rhode Island
Rhode Island receives an average of 3.8 peak sun hours per day. While not the sunniest state, solar panels still produce meaningful energy here. At $0.24/kWh, a solar system that produces 6658 kWh/year saves approximately $1591/year. With the 30% federal tax credit, typical payback is 4-6 years.