What solar incentives are available in Massachusetts?

While the federal solar tax credit is available in every state, including Massachusetts and Rhode Island, there are also a number of solar incentives exclusively available to Massachusetts home and business owners, including the Solar Massachusetts Renewable Target (SMART) Program, which actually pays you a set incentive rate for the solar energy your panels produce. The rate is guaranteed for a set period of 10-20 years, and the sooner you sign up, the higher your SMART payment.

Massachusetts also offers:

  • A state income tax credit of 15%, with a maximum of $1,000, on residential solar installation
  • Net metering, when you are given a credit on your electric bill for the excess energy generated by your panels
  • MassSave‚Äôs Connected Solutions program, which offers incentives for solar battery use
  • Local property tax and sales tax exemptions
  • Federal MACRS Depreciation for commercial solar
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