Solar Massachusetts Renewable Target<\/a> (SMART) program replaced the previous <a href=https://www.solarreviews.com/"https:////www.solarreviews.com//blog//what-is-an-srec-and-how-can-i-get-the-best-srec-prices/">solar renewable energy credit<\/a> (SREC) program. Through the SMART program, your utility pays you a flat base-rate per kilowatt hour (kWh) of solar electricity your system produces for 10 years. <\/p>\r\n<p>In return, the your utility gets ownership of all of your SRECs. The base rate you recieve depends on your utility and when you apply to the program. Right now, Boston residents serviced by Eversource would recieve an additioanl $0.165 per kWh of solar produced. <\/p>","18":"<h3>SMART Program<\/h3>\r\n<p>The <a href=https://www.solarreviews.com/"https:////www.solarreviews.com//blog//massachusetts-smart-program-replaces-srecs/">Solar Massachusetts Renewable Target<\/a> (SMART) program replaced the previous <a href=https://www.solarreviews.com/"https:////www.solarreviews.com//blog//what-is-an-srec-and-how-can-i-get-the-best-srec-prices/">solar renewable energy credit<\/a> (SREC) program. Through the SMART program, your utility pays you a flat base-rate per kilowatt hour (kWh) of solar electricity your system produces for 10 years. <\/p>\r\n<p>In return, the your utility gets ownership of all of your SRECs. The base rate you recieve depends on your utility and when you apply to the program. Right now, Boston residents serviced by Eversource would recieve an additioanl $0.165 per kWh of solar produced. <\/p>","typical_monthly_usage":599,"19":599,"solar_panel_state_page_data":{"id":137,"0":137,"name":"Massachusetts","1":"Massachusetts","slug":"massachusetts","2":"massachusetts","abbr":"MA","3":"MA","capital_city_id":528,"4":528,"description":"<p>Massachusetts is one of the best places in the nation to install solar panels. With a combination of expensive utility rates,  the solar tax credit, and the new SMART program, homeowners can get an excellent return on investment by installing residential solar panels in The Bay State<\/p>\r\n<p>Although Massachusetts has fewer daily sun hours compared to other parts of the country, the state’s high utility power costs make solar a great investment for the home.<\/p>","5":"<p>Massachusetts is one of the best places in the nation to install solar panels. With a combination of expensive utility rates,  the solar tax credit, and the new SMART program, homeowners can get an excellent return on investment by installing residential solar panels in The Bay State<\/p>\r\n<p>Although Massachusetts has fewer daily sun hours compared to other parts of the country, the state’s high utility power costs make solar a great investment for the home.<\/p>","breaking_news":"","6":"","rank":3,"7":3,"av_life_savings_comment":"","8":"","rebate_title":"Solar incentives, rebates, and tax credits available in Massachusetts","9":"Solar incentives, rebates, and tax credits available in Massachusetts","rebate_content":"","10":"","projects":"<ul class=\"nav nav-pills nav-justified\">\r\n<li class=\"active\"><a href=https://www.solarreviews.com/"#tab_a\" data-toggle=\"tab\">Projects under 25 kw<\/a><\/li>\r\n<li><a href=https://www.solarreviews.com/"#tab_b\" data-toggle=\"tab\">Projects over 25 kw<\/a><\/li>\r\n<\/ul>\r\n<div class=\"bg-grey tab-content pad2020\">\r\n<div id=\"tab_a\" class=\"tab-pane active\">\r\n<p>Interconnected projects 25 kW DC and less will continue to be qualified at an SREC Factor of 0.8 until the next program begins.<\/p>\r\n<p>Once the new SMART program comes into effect the way you are compensated for installing solar panels on your house will change.<\/p>\r\n<p>They have a block structure and for the first block (say 200 MW) the total compensation is 30 cents per kWh. However the incentive you get is 30 cents per kWh less the retail value of the power.<\/p>\r\n<p>By way of example so if you are paying 18 cents for power the premium you would be offered would be 12 cents.<\/p>\r\n<p>It is less generous than the previous system but still very generous and this is why Massachusetts will still be a leader in terms of being one of the best states in which to install solar panels for your home.<\/p>\r\n<p>But for now the take home message from this page is to get your solar installed while the bridging rate of 0.8 SREC's per MWH of production for 20 years is still possible.<\/p>\r\n<p class=\"txt-info\"><strong>But hurry, once the new SMART program is legislated it will not be possible to get this.<\/strong><\/p>\r\n<\/div>\r\n<div id=\"tab_b\" class=\"tab-pane\">\r\n<p>In addition to presenting the final proposal for the SMART Program, DOER also announced a plan to provide an orderly transition from the SREC II Program as the development of the SMART Program is finalized. In order to ensure that there is not a significant gap in between the programs, projects over 25 kW DC can now receive an extension to their construction deadlines under the SREC II Program until the SMART Program goes into effect. Projects that apply for and receive this extension will be qualified with a reduced SREC Factor according to their Market Sector classification. The proposed SREC Factors under this extension are as follows:<\/p>\r\n<div class=\"table-responsive\">\r\n<table class=\"table table-bordered table-condensed bg-white\" border=\"0\">\r\n<thead>\r\n<tr><th>Market Sector<\/th><th>SREC Factor<\/th><\/tr>\r\n<\/thead>\r\n<tbody>\r\n<tr>\r\n<td>A<\/td>\r\n<td>0.7<\/td>\r\n<\/tr>\r\n<tr>\r\n<td>B<\/td>\r\n<td>0.6<\/td>\r\n<\/tr>\r\n<tr>\r\n<td>C<\/td>\r\n<td>0.55<\/td>\r\n<\/tr>\r\n<tr class=\"success\">\r\n<td><strong>Managed Growth<\/strong><\/td>\r\n<td><strong>0.5<\/strong><\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n<\/div>\r\n<p>The value of SREC's is capped by the value of the alternative compliance payment that utilities must pay if they don't hold enough SREC's.<\/p>\r\n<p>Use the <a href=https://www.solarreviews.com/"..//solar-panel-calculators/">solar calculator<\/a> or the <a href=https://www.solarreviews.com/"..//solar-panel-calculators/">Compare Solar Quotes Tool<\/a> to see the current market value of [state] SREC's and the effect this has on your solar investment return.<\/p>\r\n<\/div>\r\n<\/div>","11":"<ul class=\"nav nav-pills nav-justified\">\r\n<li class=\"active\"><a href=https://www.solarreviews.com/"#tab_a\" data-toggle=\"tab\">Projects under 25 kw<\/a><\/li>\r\n<li><a href=https://www.solarreviews.com/"#tab_b\" data-toggle=\"tab\">Projects over 25 kw<\/a><\/li>\r\n<\/ul>\r\n<div class=\"bg-grey tab-content pad2020\">\r\n<div id=\"tab_a\" class=\"tab-pane active\">\r\n<p>Interconnected projects 25 kW DC and less will continue to be qualified at an SREC Factor of 0.8 until the next program begins.<\/p>\r\n<p>Once the new SMART program comes into effect the way you are compensated for installing solar panels on your house will change.<\/p>\r\n<p>They have a block structure and for the first block (say 200 MW) the total compensation is 30 cents per kWh. However the incentive you get is 30 cents per kWh less the retail value of the power.<\/p>\r\n<p>By way of example so if you are paying 18 cents for power the premium you would be offered would be 12 cents.<\/p>\r\n<p>It is less generous than the previous system but still very generous and this is why Massachusetts will still be a leader in terms of being one of the best states in which to install solar panels for your home.<\/p>\r\n<p>But for now the take home message from this page is to get your solar installed while the bridging rate of 0.8 SREC's per MWH of production for 20 years is still possible.<\/p>\r\n<p class=\"txt-info\"><strong>But hurry, once the new SMART program is legislated it will not be possible to get this.<\/strong><\/p>\r\n<\/div>\r\n<div id=\"tab_b\" class=\"tab-pane\">\r\n<p>In addition to presenting the final proposal for the SMART Program, DOER also announced a plan to provide an orderly transition from the SREC II Program as the development of the SMART Program is finalized. In order to ensure that there is not a significant gap in between the programs, projects over 25 kW DC can now receive an extension to their construction deadlines under the SREC II Program until the SMART Program goes into effect. Projects that apply for and receive this extension will be qualified with a reduced SREC Factor according to their Market Sector classification. The proposed SREC Factors under this extension are as follows:<\/p>\r\n<div class=\"table-responsive\">\r\n<table class=\"table table-bordered table-condensed bg-white\" border=\"0\">\r\n<thead>\r\n<tr><th>Market Sector<\/th><th>SREC Factor<\/th><\/tr>\r\n<\/thead>\r\n<tbody>\r\n<tr>\r\n<td>A<\/td>\r\n<td>0.7<\/td>\r\n<\/tr>\r\n<tr>\r\n<td>B<\/td>\r\n<td>0.6<\/td>\r\n<\/tr>\r\n<tr>\r\n<td>C<\/td>\r\n<td>0.55<\/td>\r\n<\/tr>\r\n<tr class=\"success\">\r\n<td><strong>Managed Growth<\/strong><\/td>\r\n<td><strong>0.5<\/strong><\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n<\/div>\r\n<p>The value of SREC's is capped by the value of the alternative compliance payment that utilities must pay if they don't hold enough SREC's.<\/p>\r\n<p>Use the <a href=https://www.solarreviews.com/"..//solar-panel-calculators/">solar calculator<\/a> or the <a href=https://www.solarreviews.com/"..//solar-panel-calculators/">Compare Solar Quotes Tool<\/a> to see the current market value of [state] SREC's and the effect this has on your solar investment return.<\/p>\r\n<\/div>\r\n<\/div>","advantages":"<p><a rel=\"noopener\" href=https://www.solarreviews.com/"https:////www.solarreviews.com//solar-energy//pros-and-cons-of-solar-energy///" target=\"_blank\">The advantages of installing solar panels<\/a> is there is both state based incentives and the federal tax credit. In addition, Massachusetts also has expensive power meaning overall the return on investment for an installation of residential solar panels in Massachusetts is the best in the nation.<\/p>","12":"<p><a rel=\"noopener\" href=https://www.solarreviews.com/"https:////www.solarreviews.com//solar-energy//pros-and-cons-of-solar-energy///" target=\"_blank\">The advantages of installing solar panels<\/a> is there is both state based incentives and the federal tax credit. In addition, Massachusetts also has expensive power meaning overall the return on investment for an installation of residential solar panels in Massachusetts is the best in the nation.<\/p>","disadvantages":"<p><a rel=\"noopener\" href=https://www.solarreviews.com/"https:////www.solarreviews.com//solar-energy//pros-and-cons-of-solar-energy///" target=\"_blank\">The disadvantage of installing solar panels<\/a> is that there is less overall solar irradiation in Massachusetts per year and so a solar system, produces less than it would in some other areas. However, the local incentives more than make up for this and I think Massachusetts home owners will be kicking themselves they didn't install solar panels while these generous incentives are around. Enter your details to <a href=https://www.solarreviews.com/"..//solar-panel-calculators/">calculate the cost and savings you are likely to get from installing solar panels for your home<\/a>.<\/p>","13":"<p><a rel=\"noopener\" href=https://www.solarreviews.com/"https:////www.solarreviews.com//solar-energy//pros-and-cons-of-solar-energy///" target=\"_blank\">The disadvantage of installing solar panels<\/a> is that there is less overall solar irradiation in Massachusetts per year and so a solar system, produces less than it would in some other areas. However, the local incentives more than make up for this and I think Massachusetts home owners will be kicking themselves they didn't install solar panels while these generous incentives are around. Enter your details to <a href=https://www.solarreviews.com/"..//solar-panel-calculators/">calculate the cost and savings you are likely to get from installing solar panels for your home<\/a>.<\/p>","useful_links":"<p><a title=\"Seia Massachusetts solar\" rel=\"noopener\" href=https://www.solarreviews.com/"https:////www.seia.org//states//ma/" target=\"_blank\">Solar Energy Industries Association (SEIA)<\/a><\/p>","14":"<p><a title=\"Seia Massachusetts solar\" rel=\"noopener\" href=https://www.solarreviews.com/"https:////www.seia.org//states//ma/" target=\"_blank\">Solar Energy Industries Association (SEIA)<\/a><\/p>","average_monthly_elec_usage":627,"15":627,"roof_pitch_degree":27,"16":27,"typical_kwh_production":1150,"17":1150,"created_at":"2019-04-10 02:11:35","18":"2019-04-10 02:11:35","incentive_overview":"<h4>Federal solar tax credit<\/h4>\r\n<p><span style=\"font-weight: 400;\">The most significant incentive to install solar panels for homes and businesses in Massachusetts is the <\/span><a href=https://www.solarreviews.com/"https:////solarreviews.com//blog//federal-solar-tax-credit/">a comparison table displaying solar panel kit prices from the top 10 leading solar kit websites in the US<\/a>.<\/p>","21":"<p>Yes you can! In some cases, you can save $3,000 or more when you install solar yourself, even after receiving the federal tax credit. Despite the potential for savings, data from Lawrence Berkeley Labs shows that only about 3% of homeowners choose DIY solar. <\/p>\r\n<p>Reasons for this include:<\/p>\r\n<ul class=\"list-disc list-inside ml-4\">\r\n<li>The permitting and inspection process for the utility, the state, and municipalities can be quite complex.<\/li>\r\n<li>The installation work is both dangerous and difficult, with electrical work having to be performed at heights.<\/li>\r\n<li>Often times, solar electricity customers will be charged a premium for DIY installations, which can limit savings.<\/li>\r\n<li><span style=\"font-weight: 400;\">In some states, a solar system needs to be installed by a qualified solar contractor in order to take advantage of incentives. In Massachusetts, a solar installer must be a licensed electrical contractor in order to be considered qualified. Utilities and incentive programs may have additional requirements.<\/span><\/li>\r\n<\/ul>\r\n<p> <\/p>\r\n<p>SolarReviews does not recommend DIY solar installations unless you have suitable skills. However, for those who do, SolarReviews published <a href=https://www.solarreviews.com/"https:////www.solarreviews.com//solar-panels//solar-panel-kits/">a comparison table displaying solar panel kit prices from the top 10 leading solar kit websites in the US<\/a>.<\/p>","city_2_id":0,"22":0,"city_3_id":0,"23":0,"state_tax_credit":1,"24":1,"state_tax_credit_amount":"1000.00","25":"1000.00","diy_solar_allowed":1,"26":1,"pros":"<p><a href=https://www.solarreviews.com/"https:////www.solarreviews.com//blog//pros-and-cons-of-solar-energy/">Some of the advantages<\/a> of installing solar panels in Massachusetts include state incentives, the federal tax credit, and the expensive power rates. Higher electricity rates give Bay Staters a great return on their investment in residential solar panels. It's no wonder Massachusetts is one of the best states in the nation to go solar!<\/p>\r\n<p> <\/p>","27":"<p><a href=https://www.solarreviews.com/"https:////www.solarreviews.com//blog//pros-and-cons-of-solar-energy/">Some of the advantages<\/a> of installing solar panels in Massachusetts include state incentives, the federal tax credit, and the expensive power rates. Higher electricity rates give Bay Staters a great return on their investment in residential solar panels. It's no wonder Massachusetts is one of the best states in the nation to go solar!<\/p>\r\n<p> <\/p>","cons":"<p>What's <a href=https://www.solarreviews.com/"https:////www.solarreviews.com//blog//pros-and-cons-of-solar-energy/">the downside<\/a> of installing solar panels in Massachusetts? There's not as much sun here as there is in other states. As a result, you need more solar panels on a roof in Massachusetts to produce the same amount of electricity as solar panels installed somewhere like Arizona. But, the state and federal solar incentives more than make up for this. <\/p>\r\n<p>If you’re a Massachusetts homeowner, you’ll be kicking yourself that you didn’t install solar panels while these generous incentives were still around.<\/p>","28":"<p>What's <a href=https://www.solarreviews.com/"https:////www.solarreviews.com//blog//pros-and-cons-of-solar-energy/">the downside<\/a> of installing solar panels in Massachusetts? There's not as much sun here as there is in other states. As a result, you need more solar panels on a roof in Massachusetts to produce the same amount of electricity as solar panels installed somewhere like Arizona. But, the state and federal solar incentives more than make up for this. <\/p>\r\n<p>If you’re a Massachusetts homeowner, you’ll be kicking yourself that you didn’t install solar panels while these generous incentives were still around.<\/p>","average_monthly_electrical_usage":0,"29":0,"other_incentives":"<h4>Solar Massachusetts Renewable Target (SMART) program<\/h4>\r\n<p>In 2018, Massachusetts replaced the state’s solar renewable energy credit (REC) program with the <a href=https://www.solarreviews.com/"https:////www.mass.gov//info-details//solar-massachusetts-renewable-target-smart-program/">SMART program<\/a>. Through the program, your utility pays you a flat base rate per kilowatt-hour of solar electricity your system produces for 10 years. <\/p>\r\n<p>In return, your utility retains ownership of all RECs your solar system produces. The base rate you receive depends on your utility and when you apply to the program. The sooner you apply, the higher the base rate you will qualify for. <\/p>\r\n<p>At the current level (2020), people who install solar on their homes are eligible for a net incentive payment of about $.102\/kWh for 10 years. Considering the average Massachusetts home solar system generates around 7,900 kWh per year, that's over $800 in incentive payments per year.<\/p>\r\n<p> <\/p>\r\n<h4>Massachusetts property tax exemption<\/h4>\r\n<p>Normally, installing a solar system on a property would increase property taxes. However, thanks to the <a href=https://www.solarreviews.com/"https:////www.mass.gov//files//documents//2016//08//wh//84-209.pdf/">Renewable Energy Tax Exemption<\/a>, 100% of the assessed value of a solar system is excluded from property taxes. This has the potential to save you a lot of money!<\/p>\r\n<p> <\/p>\r\n<h4>Massachusetts sales tax exemption <\/h4>\r\n<p>Massachusetts also offers a sales <a href=https://www.solarreviews.com/"https:////www.mass.gov//guides//sales-and-use-tax#-home-&-household-items-\">tax exemption for solar energy equipment<\/a>. This means the state sales and use tax will not be added onto purchases associated with solar photovoltaic systems. <\/p>","30":"<h4>Solar Massachusetts Renewable Target (SMART) program<\/h4>\r\n<p>In 2018, Massachusetts replaced the state’s solar renewable energy credit (REC) program with the <a href=https://www.solarreviews.com/"https:////www.mass.gov//info-details//solar-massachusetts-renewable-target-smart-program/">SMART program<\/a>. Through the program, your utility pays you a flat base rate per kilowatt-hour of solar electricity your system produces for 10 years. <\/p>\r\n<p>In return, your utility retains ownership of all RECs your solar system produces. The base rate you receive depends on your utility and when you apply to the program. The sooner you apply, the higher the base rate you will qualify for. <\/p>\r\n<p>At the current level (2020), people who install solar on their homes are eligible for a net incentive payment of about $.102\/kWh for 10 years. Considering the average Massachusetts home solar system generates around 7,900 kWh per year, that's over $800 in incentive payments per year.<\/p>\r\n<p> <\/p>\r\n<h4>Massachusetts property tax exemption<\/h4>\r\n<p>Normally, installing a solar system on a property would increase property taxes. However, thanks to the <a href=https://www.solarreviews.com/"https:////www.mass.gov//files//documents//2016//08//wh//84-209.pdf/">Renewable Energy Tax Exemption<\/a>, 100% of the assessed value of a solar system is excluded from property taxes. This has the potential to save you a lot of money!<\/p>\r\n<p> <\/p>\r\n<h4>Massachusetts sales tax exemption <\/h4>\r\n<p>Massachusetts also offers a sales <a href=https://www.solarreviews.com/"https:////www.mass.gov//guides//sales-and-use-tax#-home-&-household-items-\">tax exemption for solar energy equipment<\/a>. This means the state sales and use tax will not be added onto purchases associated with solar photovoltaic systems. <\/p>","pace_program":"","31":"","state_tax_credit_description":"<h4>Massachusetts state tax credit<\/h4>\r\n<p>Massachusetts offers a state solar tax credit. This means you can earn an extra $1,000 to put towards your taxes - on top of the federal solar tax credit.<\/p>\r\n<p> <\/p>","32":"<h4>Massachusetts state tax credit<\/h4>\r\n<p>Massachusetts offers a state solar tax credit. This means you can earn an extra $1,000 to put towards your taxes - on top of the federal solar tax credit.<\/p>\r\n<p> <\/p>","rebates":null,"33":null,"net_metering_content":"<h4>Net metering<\/h4>\r\n<p>Net Metering requires your utility to monitor how much energy your solar power system produces and how much energy you actually consume, and make sure you get credit for the surplus.<\/p>\r\n<p>Massachusetts has recently <a href=https://www.solarreviews.com/"http:////programs.dsireusa.org//system//program//detail//281/">reaffirmed its commitment to net metering for residential solar systems<\/a>, so you can rest easier knowing the state has your back. <\/p>\r\n<p>For Massachusetts residents under Class I residential net metering rules for solar, any extra energy your panels produce is credited to your bill and carried over indefinitely. <\/p>\r\n<p>Net metering in Massachusetts is a huge benefit for you as a solar owner, and a strong policy we’d like to see enacted across the rest of the country.<\/p>\r\n<p> <\/p>","34":"<h4>Net metering<\/h4>\r\n<p>Net Metering requires your utility to monitor how much energy your solar power system produces and how much energy you actually consume, and make sure you get credit for the surplus.<\/p>\r\n<p>Massachusetts has recently <a href=https://www.solarreviews.com/"http:////programs.dsireusa.org//system//program//detail//281/">reaffirmed its commitment to net metering for residential solar systems<\/a>, so you can rest easier knowing the state has your back. <\/p>\r\n<p>For Massachusetts residents under Class I residential net metering rules for solar, any extra energy your panels produce is credited to your bill and carried over indefinitely. <\/p>\r\n<p>Net metering in Massachusetts is a huge benefit for you as a solar owner, and a strong policy we’d like to see enacted across the rest of the country.<\/p>\r\n<p> <\/p>"}}" data-lazy-state-abbr=""> See all local installers

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