There are a number of financial incentives offered to property owners going solar. From rebates to tax incentives and net metering policies, there are many policies that bring down the cost of installing solar panels on your house. One such policy is the feed-in tariff, which, when designed properly, can provide substantial financial benefits to solar customers.
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.
The Golden State has always been a front-runner when it comes to solar energy. California is consistently ranked as the top state for solar when it comes to both jobs and installed capacity. Much of their original growth in solar has been due to the California Solar Initiative (CSI). Enacted in 2006, CSI was designed to provide upfront rebates for residential and commercial property owners purchasing solar panel systems. The rebates were available for customers of three utility companies: Pacific Gas and Electric (PG&E), Southern California Edison (SCE), and San Diego Gas and Electric (SDG&E).
The benefits of owning a solar energy system significantly increase when you take advantage of available rebates, tax credits and incentives. This is because these incentives will reduce your upfront installation costs, and as a result accelerate your payback period – paying less up front means breaking even more quickly. These programs can reduce the upfront costs of your system by 30 to 50 percent, but vary state-by-state as well as city-by-city. Read on to see if your city is one of the top 5 cities that incentivize solar!
Despite the state’s reputation for its cold, snowy winters, going solar is in fact a great way for Massachusetts residents to save money on their power bills. In this article we take a look at why solar panels are such a great investment for your home or business in Massachusetts.
Why are solar panels so popular in Massachusetts?
2015 was a big year for residential solar power for the USA. Massachusetts is going to be one of the states that leads the way as more and more Massachusetts homeowners and businesses discover the benefits of rooftop solar panels in MA. Once a state filled with underserved renewable demand, Massachusetts is starting to heat up as a leading solar state, according to various data reports. Continue reading
Using solar energy can save you thousands of dollars. But how do you make sure you’re keeping track of it all? We’ll show you how to tally up all your home solar savings.
When shopping for solar photovoltaic (also known as solar panel, solar electric) systems, many businesses and homeowners focus mainly on price. To that end, dollars per watt is a key metric when comparing quotes because it allows the consumer to adjust for differences in system size. While price is certainly an important factor, maximizing the value of your investment both financially and environmentally, involves consideration of several other, equally important factors. Here are some that we think are vital to making the right decision about your solar panel system. Continue reading
EnergySage is pleased to announce the development of a formal relationship with the Massachusetts Sierra Club to accelerate the adoption of clean energy technologies, such as solar photovoltaic (electric), solar thermal (hot water) and geothermal-heat pump (space cooling and heating) systems. The joint effort will focus on proactive outreach, education and free advocacy services for owners and decision-makers at commercial properties, including businesses, religious institutions, government buildings, schools and non-profits. The details of this partnership can be viewed here. Continue reading
Even though a pretty powerful V.I.P. had his back, Noah didn’t wait for the rain to start falling before he started planning his ark. After all, timing is everything, and it’s always good to be ahead of the game. The same holds true when you’re thinking about switching to a clean energy system.
While you might not be ready to buy right away, it’s still in your best interest to begin your research process sooner rather than later. Here’s why: Continue reading
Lately, there’s been a lot of noise in the marketplace about whether or not solar panel systems would make financial sense without the government tax incentives and rebates that are available today. Even the Wall Street Journal seems to have jumped on the band wagon. Continue reading