The mass solar loan program launched by the massachusetts clean energy center and the massachusetts department of energy resources in 2015 combines strategic incentives and partnerships with local banks and credit unions to increase access to solar pv financing while creating a robust solar lending market.
Mass solar loan program.
As of april 2017 the program has funded nearly 2 300 solar projects in massachusetts at a median interest rate of 2 99.
Learn about solar electricity.
In order to meet the overall goals of the program masscec has announced an upcoming transition that steps down loan support while providing 10 million in additional funding for future program activities that focus on income qualified customers.
However the experts agree that massachusetts is an excellent location for.
Find up to date data on the program performance dashboard.
Additional benefits of solar power in massachusetts.
For loans closing on or after september 13th 2019 program incentives are focused on low income qualified customers who fall within the income based threshold indicated below.
The massachusetts department of energy resources doer and the massachusetts clean energy center masscec have launched the mass solar loan program for massachusetts residents interested in directly owning their solar electric projects.
Solar tax credits and programs mass solar loan program.
This new innovative state level incentive allows residential homeowners to own a solar pv system by making fixed low interest loan payments.
Use the mass solar loan consumer dashboard to learn about solar costs and loan interest rates under the mass solar loan program.
Solar electricity can provide you with lower cost electricity.
To get started call mass save at 866 527 save to schedule a home energy assessment.
From the attic to basement we re here to help you with your home energy upgrades.
Umassfive in partnership with the massachusetts department of energy resources doer and the massachusetts clean energy center masscec is proud to support the mass solar loan program the program provides low interest loans to qualified homeowners for the purchase and installation of solar electric systems.
The mass solar loan program also has a data dashboard that tracks the program s performance since its start.
Follow the steps below to get started.
The mass solar loan program includes three incentives to help massachusetts residents go solar.
Receive a price quote from a pre qualified mass solar loan installer downloadable list.
