Rebates, Incentives, Financing

Solar power is more affordable than ever for Massachusetts businesses

State and federal government offer a variety of financial incentives for renewable energy. Some of these rebates and incentives are time-sensitive. We have put together information resources including a set of links to the most up-to-date information regarding state and federal grants, incentives, and rebates.

Call us directly at 508-293-4293 and we can assist you in determining what financial options are available for your business solar system. Solarflair can help you determine all rebates, incentives and financing you qualify for, and we can do the paperwork for you. We take the guesswork out of commercial solar power.

Database of State Incentives for Renewables and Efficiency
The U.S. Department of Energy maintains a comprehensive resource for State and Federal rebates and incentives for renewable energy.

Solar Renewable Energy Credit (SREC) market
The SREC program is new to Massachusetts in 2010. The Department of Energy Resources has implemented a Solar Credit market, offering an on-going production incentive for homeowners and businesses with photovoltaic systems.

For every megawatt hour (mWh) of electricity produced, participants earn one SREC, or Solar Renewable Energy Certificate, which can then be sold to electric utilities needing to meet state renewable energy mandates. In 2010, this market projects to add a minimum of 30 cents and a maximum of 60 cents to the value of each kilowatt hour of electricity produced, dramatically reducing payback periods and improving the return on investment for solar system owners.

Net Metering parity
As of December 2009, all photovoltaic system owners served by the major utilities receive full retail value when they generate more power than they need.

Under the Green Communities Act, utility companies must now compensate customers for excess electricity at the retail rate rather than the lower wholesale rate. Additionally, customers may allocate their credits to other customers, allowing those without facilities to take advantage of net metering benefits as well. With this provision in place, Massachusetts now has one of the strongest "net metering" laws in the country.