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NuWatt designs, installs, and manages solar, battery, heat pump, and EV charger systems across 9 states. One company, one warranty, one point of contact.
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Go solar for $0 down and one fixed monthly payment. The system owner captures the Section 48E credit and passes the value into your payment — no escalators, no dealer fees.
The single-utility state: nearly every Rhode Island home is served by Rhode Island Energy, so your savings comparison is one clean number — not a guessing game about which territory you live in.
Yes — Propel is available to Rhode Island homeowners. It is a prepaid third-party-ownership solar program: because the residential Section 25D credit expired at the end of 2025, the system owner (SolSource) captures the commercial Section 48E credit and passes that value into a fixed monthly payment. You have an option to obtain ownership beginning after year five, subject to the agreement terms.
The federal residential solar tax credit (Section 25D) expired on December 31, 2025. A homeowner who now buys panels with cash or a consumer loan no longer receives that federal credit at all — a real change for a small, high-rate market where the credit used to do a lot of the heavy lifting.
Propel keeps tax-credit value in the picture without asking you to claim anything yourself. The system owner qualifies for the commercial Section 48E credit and reflects that value in your agreement, which is why third-party ownership still delivers meaningful economics after Section 25D is gone.
Rhode Island is the smallest state, with a compact, older housing stock — coastal capes, Providence-area triple-deckers, and colonial homes — sitting on some of the highest electricity rates in the country. Against a bill that tends to climb, a payment that stays fixed for the life of the agreement is the part homeowners here notice first.
The same five-step journey used in every live Propel market, run by your local NuWatt team.
Select Propel during your free solar design. It is $0 down with one fixed monthly payment — designed without payment escalators or dealer fees.
Prepay with cash or fixed-payment financing originated by TriBeam Financial through the Concert Finance program. A quick online soft-credit prescreen starts the process without affecting your credit score.
SolSource owns the system and installs it through NuWatt, your licensed Rhode Island installer, using Enphase microinverters and battery hardware.
SolSource operates and maintains the system and provides the performance guaranty. That guaranty is SolSource’s as the system owner — not NuWatt’s.
You have the option to obtain ownership beginning after year five, subject to the agreement terms, with no change to your monthly payment.
Because Rhode Island Energy serves nearly the entire state, there is no territory to look up before you can compare — your savings math starts from the current per-utility residential rate on file, never a state average.
| Utility | Type | Residential rate | As of |
|---|---|---|---|
| Clear River Electric & Water District | Municipal | $0.1713/kWh | — |
| Rhode Island Energy | IOU | $0.2734/kWh | Apr 2026 |
| Block Island Power Company | Municipal | $0.3705/kWh | — |
Utility rates and most solar leases tend to rise year after year. A Propel payment is fixed for the life of the agreement — the flat line, not the one that keeps climbing. The shape is what matters here; your exact figures come from your custom Rhode Island design.
See your system design and fixed monthly payment. Quick online soft-credit prescreen only — no impact to your score.
Get a free custom design for your Rhode Island home, or book a call with a NuWatt solar advisor. No credit impact to start.
Propel financing provided by Concert Finance. Loans originated by Medallion Bank, Member FDIC. Ownership is an option beginning after year five, subject to the agreement terms. The performance guaranty is provided by SolSource, the system owner.