Rhode Island § 44-57-1 - Residential Renewable Energy System Tax Credit
Full text of Rhode Island Rhode Island General Laws § 44-57-1 — Residential Renewable Energy System Tax Credit, with citation guidance and answers to common questions.
§ 44-57-1. Residential Renewable Energy System Tax Credit
R.I. Gen. Laws § 44-57-1
§ 44-57-1. Tax credit for principal or secondary residence.
(a) An eligible person, as defined in § 44-57-3, who shall pay all or part of the cost of an eligible renewable energy system, as defined in § 44-57-4, which is installed in a dwelling, as defined in § 44-57-2(13), shall be entitled to a tax credit against the tax liability imposed by chapters 11 and 30 of this title. The credit, which shall be nonrefundable, shall be computed in accordance with § 44-57-5.
(b) The credit shall be claimed in the tax year in which the renewable energy system is placed into service. The credit may be claimed in the tax year the renewable energy system is purchased if the system is placed in service by April 1 of the following tax year.
(c) Any credit not used in accordance with subsection (b) of this section shall not be carried over to any following year or years. The tax credit shall not reduce the tax in any tax year below the minimum tax where a minimum tax is provided by law.
(d) In the event the eligible person is a partnership, joint venture, or corporation, the credit shall be divided in the same manner as income.
History of Section.
P.L. 2000, ch. 145, § 1.
Source: official Rhode Island text · Last verified 2026-08-27
Frequently Asked Questions About Rhode Island § 44-57-1
What does Rhode Island General Laws § 44-57-1 cover?
Section 44-57-1 ("Residential Renewable Energy System Tax Credit") is part of the Rhode Island General Laws, the codified statutory law of Rhode Island. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Rhode Island § 44-57-1?
A common citation format is "Rhode Island General Laws § 44-57-1" (Rhode Island). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Rhode Island law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Rhode Island official source linked on this page or consult a licensed Rhode Island attorney.
How does Rhode Island § 44-57-1 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Rhode Island can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Rhode Island.