- Associated Press - Thursday, July 7, 2016

PROVIDENCE, R.I. (AP) - A rooftop solar panel energy company plans to accelerate business in Rhode Island now that the state has new laws expanding tax exemptions and other incentives.

Democratic Gov. Gina Raimondo signed into law several renewable energy measures on Thursday at Newport Vineyards in Middletown.

Lee Keshishian, California-based SolarCity’s East Coast vice president, says the new laws help Rhode Island catch up to other New England states by clarifying tax rules that can vary by town.

The legislation also includes a “community solar” program allowing people to join together to finance a solar generator and get credited for the electricity it produces. It’s meant for those who want to tap into solar power but don’t have a roof to install panels or can’t afford to spend up to $20,000 on them.

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