Residential Incentives

The Federal and State Governments have recently enacted dramatic legislation to provide incentives for alternative energy. With these tax credits and rebates for photovoltaic (PV) systems, your upfront cost is substantially reduced. Plus, you get rewarded with a bonus check every six months… the energy you produce is worth more because it is from the sun!

State of Massachusetts:

• Commonwealth Solar Rebates (temporarily revived, lock-in now)
• Income Tax Credit of 15% ($1000 cap)
• Property Tax Exemption (on additional value for a term of 20 years)
• Sales Tax Exemption (on all equipment)
• Beneficial Net Metering Regulations (receive full credit for electricity value)

Federal Government:

• Income Tax Credit of 30% ($5000 to $12,000 for a typical system)

A major portion of your system cost is offset by these incentives in the first year!

Plus: Bonus for the Green Energy You Produce:

• You get $300 to $600 for every MWh you produce ($500 to $3000 per year for a typical system)
• This is in addition to saving on your utility bill
• You deserve this bonus for the green energy you produce!
• This reduces the payback time dramatically
• Click on this link for the Massachusetts Department of Energy Resources overview of this program