The RI PBI, Rhode Islands' Performance-Based Incentive, can be calculated on SightenEverBright!
Here's a breakdown of how a job can become eligible for this incentive, it's terms, system size requirements, and rates.
Eligibility Requirements
To be eligible for the RI PBI, a job must have:
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This is how the rates and terms are assigned in SightenEverBright, as determined by system size:
Projects with a system size <11 kW are allocated with $0.2965/kwh, applicable for a 15-year term
Projects with a system size >11kW are allocated with $0.2345/kwh, applicable for a 20-year term
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Note : Net metering is only applied after the validity period of the incentive. Only after 15 years for systems with system sizes <11kW and 20 years for systems with system sizes >11kW will net metering be applied. |
Still have questions? Contact support@sightensupport@goeverbright.io or start a chat with us when you are logged into the platform.