Rhode Island · Home Energy Tax Credit
Home Energy Tax Credit in Rhode Island (2026)
Credit for energy-efficient home improvements like insulation, windows, and HVAC. Rhode Island has a progressive income tax with a top rate of 5.99%, so a Rhode Island filer's combined marginal rate on the next dollar at $74,008 of income is about 25.75% (22% federal + 3.75% RI).
2026 savings example for Rhode Island
Planning estimate for a single filer earning $74,008 (Rhode Island median household income in LevyIO's state dataset) who claims a $3,200 credit. Federal tax uses the 2026 IRS brackets after the $16,100 standard deduction; RI tax uses the state brackets in LevyIO's dataset and assumes the state follows the federal treatment.
Estimated total savings
$3,200
Federal savings
$3,200
$7,452 → $4,252 · 22% bracket
RI state savings
$0
Federal credit only; check for a state credit
Combined marginal rate
25.75%
Credits do not depend on the bracket
Statutory maximum for this item in LevyIO's dataset: $3,200.
Federal × Rhode Island marginal rates (2026, single)
Gross-income ranges include the federal standard deduction. The RI column is the state marginal rate at the midpoint of each range. A credit saves its face value regardless of bracket.
| Federal bracket | Gross income (single) | RI marginal | Combined | Per $1,000 |
|---|---|---|---|---|
| 10% | $16,100 - $28,500 | 3.75% | 13.75% | $1,000 |
| 12% | $28,500 - $66,500 | 3.75% | 15.75% | $1,000 |
| 22% | $66,500 - $121,800 | 4.75% | 26.75% | $1,000 |
| 24% | $121,800 - $217,875 | 4.75% | 28.75% | $1,000 |
| 32% | $217,875 - $272,325 | 5.99% | 37.99% | $1,000 |
| 35% | $272,325 - $656,700 | 5.99% | 40.99% | $1,000 |
| 37% | Over $656,700 | 5.99% | 42.99% | $1,000 |
Eligibility & forms
Homeowners who install energy-efficient improvements
- Must be primary residence
- Qualifying improvements only
- Keep receipts
Federal forms: Form 5695
Rhode Island filing notes
Rhode Island starts from federal income concepts with state modifications, standard deduction and exemption rules, and phaseouts. Verify the current RI-1040 or RI-1040NR instructions before filing.
Common mistakes: Claiming for rental properties; Missing manufacturer certifications.
Frequently asked questions
How much can the Home Energy Tax Credit save a Rhode Island taxpayer in 2026?
Credits reduce tax dollar-for-dollar. In LevyIO's example, a single filer with $74,008 of income (the Rhode Island median household income in our state dataset) and a $3,200 credit would cut 2026 federal tax from $7,452 to $4,252, a $3,200 saving. Whether Rhode Island offers a matching state credit depends on the RI return, so the estimate counts federal savings only.
What is the Rhode Island income tax rate for 2026?
Rhode Island has a progressive income tax with a top rate of 5.99%. The RI standard deduction in LevyIO's dataset is $11,200 single / $22,400 married. 2026 brackets: 3.75% to $82,050, 4.75% to $186,450, 5.99% above $186,450. Estate tax and high property-tax context matter.
Who qualifies for the Home Energy Tax Credit in Rhode Island?
Homeowners who install energy-efficient improvements. The federal rules are the same in every state; the requirements are: Must be primary residence; Qualifying improvements only; Keep receipts. Rhode Island filers should confirm on the RI return whether the state follows the federal treatment.
Which forms do I file to claim the Home Energy Tax Credit?
Federal: Form 5695. Rhode Island: check the Rhode Island Division of Taxation instructions for the matching state schedule. Common mistakes: Claiming for rental properties; Missing manufacturer certifications.
Home Energy Tax Credit in other states
Sources
Reviewed 2026-09-17. Estimates are educational planning figures computed from the IRS 2026 inflation adjustments and LevyIO's state bracket dataset; they are not tax advice.