Solar Incentives 2024
Perks to going solar in Massachusetts
Commonly asked questions regarding solar costs and incentives
- “How much does it cost to install solar panels?”
- “What are solar panel pros and cons?”
- “How much do solar panels cost?”
Northeast Solar has been installing award-winning solar in Western Massachusetts for more than ten years. These are some of the most commonly asked questions we get from locals considering going solar.
Saving on your utility bill is just the start.
The Bay State is home to the fifth-highest utility rate in the nation! Owning solar for your home is the easiest way to reduce the amount you pay for electricity. Going solar in Massachusetts comes with state and federal tax credits, a fast 5-7 year payback period, and Renewable Energy Certificates (or RECs) cash payments that make the cost of installing solar panels more affordable than ever before.
Solar is a heavily supported technology in Massachusetts.
Massachusetts is offering some fantastic incentives for solar in 2024. When you buy solar, you get a $1,000 state tax credit, a 30% federal solar energy tax credit, REC solar cash incentives, and savings on your electric bill for years to come making the cost of solar panels much less than you might think.
The truth about free solar panels in Massachusetts
Some companies offer a solar lease or power purchase agreement on solar. They promise to install the panels for free and claim that you will save. The truth is, leasing companies own the system and reap most of the rewards. Since the solar leasing or power purchase solar company technically owns the system, they take the solar panel tax credit and SMART cash payments. That means you lose out on the real savings.
What’s more, is you are locked into a 20-year contract with the company which can make selling your home difficult or impossible. The best option for solar is to buy the system. Northeast Solar is an award-winning installer, winning the Angie’s List Super Service Award year after year. We pass the solar tax incentives and SMART cash payments to you and offer unsurpassed customer service before, during and after your installation.
Solar panel and battery kits
We are so much more than a solar company. Our solar and battery kits combine clean energy with backup energy, so you will never have to worry about power outages. We offer superior products from Sonnen (started by former Tesla Powerwall managers), and Enphase, an industry-leading solar technology company that produces fully integrated solar and battery systems.
Solar loans through a local lender
We are your local solar installer in the Pioneer Valley. In the spirit of shopping local, we’ve been thrilled to work with and refer our clients to UMassFive College Federal Credit Union for solar loans. UMassFive has been offering solar loans for years and has financed solar installations all over the state. They were recently honored with the title “Sustainable Business of the Year” in the Western MA mid-sized business category by the Sustainable Business Network of Massachusetts and they continue to shine with two impressive solar loan products; the Mass Solar Loan, and the MySolar Loan.
Next steps with Northeast Solar!
We’re sure you have more questions, and we’re here to help. Our solar professionals have decades of combined experience, and our expert installation team is led by our own licenced electricians.
Solar incentives in 2024 are waiting for you, all you have to do is call Northeast Solar for a free, no-commitment solar energy assessment from Northeast Solar, because we do solar right.