The state of Massachusetts offers some additional, minor incentives that help homeowners save even more by adding a solar energy system to their homes.
Residential Renewable Energy Income Tax Credit – More Info
Valued at as much as $1,000 total, this policy allows a 15% income tax deduction for the cost of a solar energy system, including installation costs, for a primary residence.
Sales and Property Tax Exemptions
No sales tax is charged on the solar energy system. For 20 years, the value of the system is not subject to property tax.
Solar Massachusetts Renewable Target (SMART) – More Info
With this incentive, the State of Massachusetts pays Eversource, National Grid, and Until customers a fixed rate per kilowatt hour (kWh) of solar energy produced for 10-years.