SOLAR INSTALLATION IN NEWPORT, RI

SOLAR INSTALLATION IN NEWPORT, RI

Local Solar Expertise in Newport, RI

Going Solar in Newport

With over 15 years of experience as a local solar installation company, Newport Renewables has supported businesses and institutions throughout Rhode Island in reducing energy costs and advancing sustainability goals. Electricity prices in Rhode Island have reached 21.53 ¢/kWh — roughly 30% above the national average — making efficient energy solutions essential for commercial properties. Our local expertise allows organizations in Newport to leverage solar programs and incentives that minimize upfront costs and maximize long-term financial benefits. Installing solar can significantly lower electricity bills, and net metering may provide additional revenue while reducing operating expenses.

How Much Electricity Currently Costs in Newport

Electricity costs in Newport remain high due to Rhode Island’s reliance on imported natural gas, limited in-state generation, and transmission expenses. Commercial electricity rates consistently exceed the national average, adding to operational costs for businesses and institutions.

Year
RI Commercial Rate (¢/kWh)
US Commercial Rate (¢/kWh)
% Above National Avg
2021
16.64
13.33
+25%
2022
17.68
13.66
+29%
2023
21.09
16.50
+28%
2024
21.53
16.50
+30%

How Much You Could Save With Solar: A Case Study

$142K First-Year Savings. $3M Long-Term Payoff.

A 250,000-square-foot distribution warehouse was facing summer electric bills exceeding $18,000 per month—until Newport Renewables stepped in. We installed a 520 kW rooftop solar system that now offsets 69% of the facility’s total energy load. Leveraging our deep familiarity with solar programs and incentives, the $1.33 million project achieved a net cost of just $766,000 and delivered $142,000 in energy savings in its first year alone.

The result: a 5.4-year payback, a 19.3% internal rate of return, and nearly $3 million in net cash flow over 25 years.

Solar Incentives For Newport

Organizations in Newport have access to several solar incentives that make renewable energy more affordable and financially rewarding. These programs reduce upfront costs and help solar systems achieve a faster return on investment.

Incentive
Description
Renewable Energy Sales Tax Exemption
Renewable
Energy Sales
Tax Exemption
Eliminates the 7% sales tax on all qualifying solar equipment, including panels, inverters, and racking.
Renewable Energy Fund (REF) Grants
Provides grants covering up to 30% of renewable energy installation costs for businesses, nonprofits, academic institutions, municipal/state buildings, and other large facilities.
Renewable Energy Growth (REG) Program
Allows system owners to sell excess electricity under fixed-rate 20 year contracts, generating predictable revenue.
Net Metering
Credits excess electricity at nearly full retail rate, offsetting energy usage and lowering bills.

What Solar System is Right For You?

The best solar system depends on your property’s layout, energy consumption, and long-term financial objectives. Newport Renewables installs roof mount, ground mount, and solar carports in Newport to help properties generate renewable energy, lower electricity costs, and improve energy independence.

Aerial view of a building with solar panels on the roof, surrounded by trees and open landscape.
Aerial view of a building with solar panels on the roof, surrounded by trees and open landscape.
Aerial view of a building with a solar panel roof, surrounded by parking spaces and clear blue sky.
Aerial view of a building with a solar panel roof, surrounded by parking spaces and clear blue sky.
Aerial view of a solar panel array installed in a vast, open landscape with minimal vegetation.
Aerial view of a solar panel array installed in a vast, open landscape with minimal vegetation.
Aerial view of a building with solar panels on the roof, surrounded by trees and open landscape.

01

Roof Mounts

Rooftop solar panels are the most common solution, providing renewable energy directly where it’s used. Designed to capture maximum sunlight, reduce electricity bills, and increase property value, installations are tailored to roof orientation and load capacity.

02

Ground Mounts

Ground-mount systems are ideal for properties with open land, offering flexible placement and scalable energy output. They accommodate larger arrays than rooftops, maximize efficiency, and allow easy maintenance and future expansion.

Aerial view of a solar panel array installed in a vast, open landscape with minimal vegetation.
Aerial view of a building with a solar panel roof, surrounded by parking spaces and clear blue sky.

03

Carports

Solar carports provide dual benefits: renewable energy generation and covered parking. Perfect for commercial properties, they protect vehicles while reducing electricity costs and enhancing sustainability credentials.

Newport
Renewables
Reviews

LET'S TALK

Get in Touch

Planning a new solar installation or exploring renewable energy options? We’re happy to start the conversation.


If you are inquiring about a specific project, please include the property address and any details about your energy needs within your message. Thank you!

01

Email

info@nptre.com


02

Telephone

401.619.5906


03

Address

316 Columbia St • Wakefield, RI

02879

LET'S TALK

Get in Touch

Planning a new solar installation or exploring renewable energy options? We’re happy to start the conversation.


If you are inquiring about a specific project, please include the property address and any details about your energy needs within your message. Thank you!

01

Email

info@nptre.com


02

Telephone

401.619.5906


03

Address

316 Columbia St • Wakefield, RI

02879

LET'S TALK

Get in Touch

Planning a new solar installation or exploring renewable energy options? We’re happy to start the conversation.


If you are inquiring about a specific project, please include the property address and any details about your energy needs within your message. Thank you!

01

Email

info@nptre.com


02

Telephone

401.619.5906


03

Address

316 Columbia St • Wakefield, RI

02879

WHO WE ARE

About Newport Renewables

Newport Renewables has been delivering reliable, high-performance solar solutions to institutions an businesses in Rhode Island since 2011. Our team designs, installs, and maintains solar systems across the state, working with commercial buildings, schools, municipal facilities, and industrial sites.

By handling every stage in-house, we ensure each project is customized to your energy needs, maximizes savings, and performs reliably for decades.

FAQ

Frequently
Asked Questons

Installing a solar system raises a lot of questions. Below are answers to some of the most common questions businesses and organizations ask when exploring the solar design, installation, and operations process.

Get in Touch

Start your next project with Newport Renewables.

Let's Chat

Start your next project with Newport Renewables.

316 Columbia St • Wakefield, RI 02879 | 401.619.5906

Copyright © 2024 Newport Renewables. All Rights Reserved.

316 Columbia St • Wakefield, RI 02879 | 401.619.5906

Copyright © 2024 Newport Renewables. All Rights Reserved.