Tag Archives: solar incentives

SRECs: understanding solar renewable energy credits

Reading Time: 3 minutes

Of all the incentives for installing solar panel systems, solar renewable energy certificates (SRECs) are some of the most beneficial, yet most complicated to understand. However, SRECs can provide sizable income to owners of solar power systems that live in eligible markets.

Continue reading

Solar news: May 14th, 2021

Reading Time: 2 minutes

In this week’s news roundup, we discuss an exciting investment in renewable energy for our home state of Massachusetts, and progress towards achieving net zero emissions in New Jersey. 

Continue reading
when to go solar

When should you go solar?

Reading Time: 3 minutes

Since the cost of going solar falls every year, many homeowners wonder: should I buy solar now or wait to save money on installation costs? There are many variables that influence the total financial returns you can expect to see from solar over its lifetime, all of which you should take into account when making your solar decision.

Continue reading
form 5695 instructions solar tax credit

How do I claim the solar tax credit (ITC)? Form 5695 instructions

Reading Time: 5 minutes

If you’re considering solar, you’ve probably heard about the federal solar tax credit, also known as the Investment Tax Credit (ITC). The Federal ITC makes solar more affordable for homeowners and businesses by granting a dollar-for-dollar tax deduction equal to 26% of the total cost of a solar energy system.

Continue reading

The ITC was extended (again)! What you need to know in 2021

Reading Time: 3 minutes

On December 21, 2020, Congress passed the omnibus spending and COVID relief bill, and on Sunday, December 27, 2020, President Trump finally signed it into law. In addition to keeping the lights on in our government and providing much needed financial relief for businesses and people alike who have been impacted by COVID, the 5,000+ page, end-of-year spending bill also provided a ray of bright light for the solar industry: an extension of the solar ITC. Here’s what you need to know about how the ITC extension impacts your solar project. 

Continue reading

Solar news: December 28th, 2020

Reading Time: 2 minutes

In this week’s Solar News Roundup (the last of the year!), the federal government extends the solar tax credit, and the Department of Energy announces a new round of funding for grid-integrated solar.

Continue reading
maryland srecs

SRECs in Maryland: prices, projections, and program status

Reading Time: 2 minutes

If you’re considering installing solar in Maryland, one incentive you should be aware of is solar renewable energy certificates (SRECs). Maryland is one of the few states that offers this performance-based incentive to people generating solar electricity. Property owners in Maryland who buy and install a solar panel system can earn hundreds of dollars each year by selling the SRECs their system generates.

Continue reading
srecs in massachusetts

SRECs in Massachusetts: prices and program status

Reading Time: 4 minutes

The Massachusetts solar renewable energy certificate (SREC) program is one of the most advantageous financial incentives for solar available at the state level. Massachusetts property owners who buy and install a solar panel system can earn hundreds (or even thousands) of dollars a year by selling the SRECs the system generates.

Continue reading
pre sell SRECs

Should I pre-sell my SRECs?

Reading Time: 4 minutes

There are a number of state-specific solar incentives for solar owners to take advantage of, such as tax credits and rebates. One of the most advantageous solar incentives you may be eligible for is solar renewable energy credits (SRECs).

Continue reading

Solar news: May 1st, 2020

Reading Time: 2 minutes

In this week’s Solar News Roundup, we talk about two solar incentive programs that are getting a boost in the Northeast: Massachusetts’ SMART program and Rhode Island’s solar brownfields incentive program.

Continue reading