Why go solar in Massachusetts
Going solar as a Massachusetts homeowner comes with benefits. The Bay State is known for its history and beautiful east coast landscapes. However, it is slowly becoming known for solar. The state passed a bill requiring 40% of energy be renewable by 2030*. The bill is encouraging many incentives to go solar
Solar incentives in Massachusetts
Massachusetts offers net metering through regulated electric companies (Eversource, National Grid, and Unitil). Net metering pays out 100% of the value of the electricity they deliver to the grid, which includes the value of the fees charge for basic service, distribution, and transmission. The Solar Massachusetts Renewable Target (SMART) program is a tariff-based incentive available for Eversource, National Grid, and Unitil customers. It pays a bonus for each kilowatt-hour of electricity produced by a solar system. You can also qualify for an extra incentive if you install a battery to your system. Eversource customers can also qualify for the Connected Solutions program that pays an additional incentive annually in exchange for access and use electricity stored in your battery during high demand periods. It offers $225 per kilowatt for your battery’s average contribution furing summer events and $50 per kilowatt during winter events.
Massachusetts homeowners are also eligible for the Solar Investment Tax Credit (ITC).*** The ITC allows you to deduct 26 percent of the cost of installing a solar energy system from your federal taxes.