What if MA solar incentives added up to more than your installation costs?
Then, your clean solar electricity would be free!
It is possible! When you combine all of the available solar incentives, Massachusetts solar PV installation costs can be less than the value of the incentives. While this is more likely for businesses, it can also be true for residents.
The reality is that the costs of installing solar have declined faster than the value of available incentives in Massachusetts, creating a unique window of opportunity for anyone considering solar to potentially recover all of their installation costs with incentives. This will not last forever, but it should last through May 2018. There will be at least one significant incentive change in July.
It also does not mean that solar is “free” to install. The incentives reimburse you after you make your investment in solar. Some incentives are received immediately, some take up to 90 days, several are claimed as you file your taxes, and others are paid over a number of years as you produce solar electricity. But when they total more than your installation costs, it means that the electricity you produce is effectively free!
There has never been a better time to invest in solar!
Contact Avid Solar LLC to discover whether solar is a good investment for you!
P.S. – Some installers are advertising “free” solar, but their solar electricity is not really free. They offer to install a system on your roof at no expense to you (i.e., they finance it and own it…if your credit score is good enough), and then charge you a reduced rate for the solar electricity generated. But if you owned the system, and the incentives covered the installation costs, then your solar electricity really would be free!