Renewable Energy Tax Valuation

RI Property Tax Assessment commercial industrial residential agricultural multifamily residential low income residential

Administered by: Rhode Island Department of Revenue Division of Taxation

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Quick Summary

Rhode Island values renewable energy systems at reduced property tax rates: $5/kW-AC for tangible property (like equipment) and $3.50/kW-AC for real property (like ground-mounted installations). This means your solar, wind, geothermal, or other renewable system will be taxed at a much lower valuation than comparable property, reducing your annual property tax burden. To benefit, ensure your renewable energy system is properly documented during property tax assessment.

AI-generated summary • Updated 7/12/2026

Program Details

Program ID: 22798
Effective Date: 7/2/2025
Last Updated: 11/12/2025

Eligibility

Eligible Sectors

commercial industrial residential agricultural multifamily residential low income residential

Eligible Technologies

geothermal electric solar photovoltaics wind (all) biomass tidal wave ocean thermal wind (small) hydroelectric (small) geothermal direct-use fuel cells using renewable fuels offshore wind

Program Summary

Under statute, renewable energy resources must pay $5/kW-AC for tangible property and $3.50/kW-AC for real property.

Contact & Resources

Additional Resources

https://tax.ri.gov/

Please verify current program details with the administering agency before making any financial decisions.