Solar Incentives Going Away? What to Know and How to Take Advantage in Massachusetts Before It’s Too Late ☀️⚠️
- Spencer Gradley
- Mar 30
- 2 min read
If you're a Massachusetts homeowner thinking about going solar, there’s no better time than now. Several solar incentives are still active—but they won't last forever. ⏳ With phase-downs and program adjustments on the horizon, waiting could mean losing out on thousands of dollars in savings. 💸
This guide will break down the current state and federal solar incentives available in Massachusetts, what might be changing, and how to take full advantage before it’s too late.
Why Solar Incentives Matter in Massachusetts 🌞
Massachusetts has long been a leader in clean energy, offering homeowners generous financial incentives to install solar power. These incentives help reduce the upfront cost, lower monthly energy bills, and speed up your return on investment.
Key programs currently available include:
Federal Solar Tax Credit (ITC)
Mass Save HEAT Loan & Solar Rebates
SMART Program (Solar Massachusetts Renewable Target)
Renewable Energy Certificates (RECs)
Incentives You Can Still Claim (But Not Forever) ⏰
1. Federal Investment Tax Credit (ITC) – 30% Through 2032
This allows homeowners to deduct 30% of the cost of their solar system from their federal tax liability. But it's only guaranteed at this level through 2032.
System Size | Estimated Cost | 30% Tax Credit Savings |
5 kW | $15,000 | $4,500 |
7 kW | $21,000 | $6,300 |
10 kW | $30,000 | $9,000 |
2. Mass Save HEAT Loan – 0% Interest Financing 💸
Mass Save offers interest-free loans for homeowners who want to install solar and other energy-efficient upgrades. The loan program has limited funding and may become more selective over time.
3. SMART Program (Solar Massachusetts Renewable Target) ⚡
The SMART Program pays homeowners a fixed incentive rate for every kWh their solar system generates. Rates are declining in blocks, meaning the longer you wait, the less you earn per kWh.
📉 Incentive levels drop as more people enroll—lock in higher rates now.
🔗 Learn more about SMART
4. Renewable Energy Certificates (RECs) 💡
Every megawatt-hour (MWh) your system produces can generate RECs that can be sold for extra income. Massachusetts homeowners earn Class I RECs, which are in demand but subject to market volatility.
System Size | Annual Production (kWh) | REC Rate ($0.03/kWh) | Annual REC Earnings |
5 kW | 6,000 | $0.03 | $180 |
7 kW | 8,400 | $0.03 | $252 |
10 kW | 12,000 | $0.03 | $360 |
Why Act Now? 🛑
SMART program blocks are nearly full in many regions—wait too long and you'll receive a lower incentive rate.
Loan and rebate funds are limited and may not be replenished.
Federal tax credit starts decreasing in 2033 unless renewed.
On top of that, inflation and increasing demand could drive up installation prices, making the full package less attractive in the future.
Long-Term Benefits of Going Solar 🌍
According to the U.S. Department of Energy, solar energy can offer:
Lower Electric Bills
Protection from Rising Utility Rates
Low Maintenance Costs
Higher Home Resale Value
Reduced Environmental Impact
Find Out What You Qualify For 📋
Not sure what your home is eligible for? Our solar experts can walk you through your options and find the best available incentives for your situation.
📅 Book a Free Consultation Now:
🚀 Take control of your energy and lock in your incentives before it’s too late!
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