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solar loans

Massachusetts has some great incentives that make going solar a big win for you

For less than your electric bill, you could have clean, affordable solar energy that locks in your monthly costs and protects you from the rising costs of utility-scale energy. Owning your solar energy system instead or leasing or using a purchase power agreement (PPA) means you get to be the one who benefits from federal and local tax incentives or rebates, including the solar investment tax credit (ITC) set today at 26%.

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Financing for solar even includes zero-down options that help you save with solar without any upfront costs. When you own your rooftop solar and complete your loan, you own all of the energy generated and can permanently reduce or eliminate your energy bill.

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True Savings; From Day 1

With all of these great ways to save, you can reduce the cost of going solar and start saving with clean, solar energy at ZERO down today! With the right financing, your solar loan can be less each month than you pay for energy now. And unlike some home improvement loans, you’ll see a return on your investment from Day 1. Your solar panels are an asset you own that brings in money every month. Your local energy company can’t promise you that! Take control of your energy with zero down solar.

SMART Program

The Solar Massachusetts Renewable Target (SMART) program offers monthly incentives for the length of the program—which for residential customers is a 10-year agreement, and for commercial projects, it’s a 20-year term. This program is only eligible for new solar installs and they must be connected to one of the 3 utility companies participating: Eversource, National Grid, and Unitil.

Massachusetts state Rebate

 $1,000 massachusetts state rebate you can put towards your solar energy system

Federal Solar Tax Credit

The Solar Investment Tax Credit (ITC) is a federal program that offers a tax incentive of 26% IF your installation happens within the next two years. If you install soon, you can see a tax credit of $9,000 or MORE. After 2023- Tesla Powerwall or Generac Pwrcell? Which One Is Right For You