Solar Panels in Narragansett, RI: Cost, Payback & Savings

A typical 5.2 kW home solar system in Narragansett costs about $18,200 and pays for itself in about 8.3 years, saving roughly $47,203 over 25 years at Rhode Island's average electricity price of 29.2¢/kWh.

Strong investmentpayback 8.3 years
System size
5.2 kW
13 × 400 W panels
Upfront cost
$18,200
at Rhode Island median $3.50/W
First-year savings
$2,045
about $170/month
25-year net savings
$47,203
after paying for the system
Production
6,999 kWh/yr
103% of a typical home's use
Peak sun hours
4.7/day
1,346 kWh per kW per year

Monthly solar production in Narragansett

Estimated output of a 5.2 kW south-facing roof system. Jul is the strongest month (766 kWh); Dec the weakest (333 kWh).

02004006008001,000Jan: 397 kWhJanFeb: 477 kWhFebMar: 627 kWhMarApr: 704 kWhAprMay: 716 kWhMayJun: 731 kWhJunJul: 766 kWhJulAug: 697 kWhAugSep: 640 kWhSepOct: 523 kWhOctNov: 390 kWhNovDec: 333 kWhDec

Solar production (kWh) Typical home use, 567 kWh/month

Solar payback calculator for Narragansett

Pre-filled with Narragansett's sunshine and Rhode Island's average electricity price. Enter your own bill and an installer's price per watt to see your payback.

Leave export credit blank where the utility offers full net metering. Where exports earn less, solar used at home as it's produced is worth the full price and the rest earns the export credit.

System
Cost
Year-1 savings
Payback
25-yr net savings

How Narragansett compares

Net metering, tax credits and incentives in 2026

Rhode Island offers net metering: power you send to the grid is credited at or near the retail price, so every solar kWh is valued at 29.2¢ here.

There is no federal tax credit for buying home solar installed in 2026. The 30% Residential Clean Energy Credit (Section 25D) ended for systems placed in service after December 31, 2025, so the costs and paybacks on this page include no federal credit.

Rhode Island and local utilities may still offer rebates, performance payments, property-tax or sales-tax exemptions. Search the DSIRE incentives database for Rhode Island and ask installers which programs they apply for you.

Frequently asked questions

Is solar worth it in Narragansett, RI?

For a typical home, a solar system pays for itself in about 8.3 years and then keeps saving money. Over 25 years the estimated net savings are $47,203. Verdict: strong investment. Your own payback depends on your roof, your bill and the quotes you get.

How many solar panels do I need in Narragansett, RI?

A home using 567 kWh a month (the Rhode Island average) needs about 13 panels of 400 W — a 5.2 kW system — to cover its annual use. Divide your own yearly kWh by 1,346 to get the kW you need.

How much do solar panels cost in Narragansett, RI?

At 3.50 dollars per watt, a 5.2 kW system costs about $18,200 before any state or utility incentives. There is no federal tax credit for systems installed in 2026.

How much sun does Narragansett get?

Narragansett averages 4.7 peak sun hours per day, so each kilowatt of panels produces about 1,346 kWh a year.

Does Rhode Island have net metering?

Yes. Power sent back to the grid is credited at or near the retail price (29.2¢ per kWh on average).

How much does electricity cost in Rhode Island?

Residential electricity in Rhode Island averages 29.2¢ per kWh, and a typical home uses 567 kWh a month (EIA).

Solar payback in nearby places

Solar guides