Residential Solar Incentives: Maximize Your Savings and Sustainability

Unlocking Incentives for Solar Energy

Welcome to Mass Renewables, your trusted partner in harnessing the power of solar energy for your home or business. Massachusetts & Rhode Island offer a wealth of incentives to encourage the adoption of solar energy systems, making it easier and more affordable than ever to go green. Explore the fantastic incentives available to Massachusetts and Rhode Island residents and businesses alike and discover how you can maximize your savings while reducing your carbon footprint.

SMART Program Rewards

Monthly Payments for 10 Years:

Participate in the SMART (Solar Massachusetts Renewable Target) program, and as a homeowner with solar, receive monthly payments for 10 years directly from your utility provider. These payments are based on your solar production meter, providing a consistent source of income that significantly enhances the financial returns on your solar investment.

Increased Incentives with Tesla Powerwall:

Integrate a Tesla Powerwall battery with your solar system to unlock additional benefits. Homeowners with a Tesla Powerwall not only enjoy enhanced backup power during blackouts and daily battery cycling but also receive an increased incentive value on their solar production. Elevate your incentive by almost 40%, and with a 26% Tax Credit, essentially make the battery FREE.

Federal Tax Credit: Save 30% on Your Solar Installation

The Federal Investment Tax Credit (ITC) allows homeowners and businesses to claim a tax credit equal to 30% of the total cost of their solar energy system installation. This substantial tax credit significantly reduces the upfront cost of going solar and makes solar energy more accessible and affordable for all.
State Tax Credit: Enjoy Additional Savings

In addition to the federal tax credit, Massachusetts residents can take advantage of an additional state tax credit for solar energy system installations. This credit allows homeowners and businesses to receive a 15% tax credit, up to $1,000, further reducing the cost of going solar.

Tax Exemption: Save on Sales Tax

Solar energy systems are exempt from Massachusetts sales tax, providing an immediate 6.25% savings on the total cost of your solar installation. This tax exemption makes solar energy even more affordable and allows homeowners and businesses to enjoy greater savings from day one.

Roof Replacement Credit: Combine Solar with Roofing Upgrades

If you’re considering replacing your roof, you can take advantage of the federal tax credit by incorporating a portion of the solar installation costs into your roof replacement project. This allows you to maximize your tax savings while improving the energy efficiency and aesthetics of your home or business.

Energy Cost Reduction: Save Money on Your Electricity Bills

By generating your electricity with solar energy, you can significantly reduce or even eliminate your reliance on grid-supplied electricity, leading to substantial savings on your electricity bills. With solar energy, you can lock in low, predictable energy costs and protect yourself from future utility rate hikes.

Connected Solutions and Demand Response

Our solar battery storage solutions offer connected capabilities and demand response functionality. By participating in demand response programs, you can earn up to $700.00 per battery per year for utilizing your battery power during peak demand times. This not only helps stabilize the grid but also rewards you for your contribution to grid reliability.

Applicable to Mass Save 0% Heat Loan

Our solar battery storage solutions are applicable to the Mass Save 0% Heat Loan program, allowing you to finance your battery storage system up to $25,000 at 0% interest. This convenient financing option makes it easier for homeowners to invest in energy-efficient upgrades and maximize their energy savings.

Renewable Energy Certificates (RECs): Get Paid for Generating Clean Energy

Through the Massachusetts Renewable Energy Portfolio Standard (RPS), homeowners and businesses can earn Renewable Energy Certificates (RECs) for the electricity generated by their solar energy systems. These RECs represent the environmental attributes of clean energy generation and can be sold to utilities or other entities, providing an additional source of income for solar system owners.

Renewable Energy Fund (REF):
Expanding the role of renewable energy throughout Rhode Island. CommerceRI’s Renewable Energy Fund (REF) exists to help expand the role of renewable energy throughout Rhode Island, so the state and its citizens can reap the full benefits of cost-effective renewable energy from diverse sources.
REF provides grants for renewable energy projects that have the potential to produce electricity in a cleaner, more sustainable manner, while stimulating job growth in the green technology and energy sectors. Using funds from the “system benefit charge” on electric bills and alternative compliance payments received from retail electricity providers, CommerceRI funds renewable energy projects in Small Scale solar, Commercial Scale, and Community Renewables. Learn more about the program here.

Experience the Benefits of Solar Battery Storage

  • Energy Independence: Reduce your reliance on the grid and take control of your energy usage.
  • Maximized Savings: Store excess solar energy for use during peak demand times or grid outages, saving money on your electricity bills.
  • Environmental Impact: Reduce your carbon footprint by storing clean, renewable energy generated from solar panels.
  • Emergency Preparedness: Ensure your home remains powered during outages and emergencies, providing peace of mind for you and your family.

Backup Power and Off-Grid Capability

With solar battery storage, you can enjoy backup power during outages and emergencies, ensuring that your essential appliances and devices remain powered even when the grid is down. Plus, with the ability to recharge your battery using solar energy, you can essentially remain off-grid for extended periods, further enhancing your energy resilience and independence.

NET Metering: Turn Surplus Electricity into Credits

NET Metering is a program that allows solar energy system owners to receive credits on their electric bills for excess electricity generated by their systems. This means that when your solar panels produce more electricity than your home or business consumes, the surplus is fed back into the grid, and you receive credits for the energy you contribute.

Take Advantage of Massachusetts and Rhode Island Incentives Today

Don’t miss out on the incredible incentives available for solar energy in Massachusetts and Rhode Island. Contact Mass Renewables today to learn more about how you can start saving money, reducing your carbon footprint, and enjoying the many benefits of clean, renewable solar energy.
Contact Us
Join the thousands of Massachusetts and Rhode Island residents and businesses already benefiting from solar energy incentives. Let Mass Renewables help you make the switch to clean, affordable solar power today.

Ready to Harness the Power of Incentives?

Empower your home with solar solutions that bring more than just energy savings. Contact Mass Renewables today for a personalized consultation, and let us guide you toward a future where savings and sustainability go hand in hand.
Contact Us
Elevate your solar investment with Mass Renewables. Where incentives meet sustainable living.