Big news for customers of National Grid and of Eversource in central and western Massachusetts (the former Western Mass Electric Company territory): On April 14, 2020, Massachusetts Department of Energy Resources issued emergency regulations to expand capacity and enhance incentives for the SMART solar program!   The regulations include:

• Additional 1,600 MW’s of capacity, doubling the size of the Program
• Increased incentive values for “behind the meter” projects
• Increased incentive values for Public customer projects
• Dedicated capacity for Commercial scale systems, not just the super sized solar farms
• Fixed incentives for parking canopy projects
• Incentives for adding battery storage which can provide additional savings

These changes greatly improve the economics of solar projects.  With a federal tax credit of 26%, it makes installing solar energy more compelling than ever.

Businesses, Municipalities and Nonprofits can once again reap the benefits of the state’s SMART solar incentive program after months of being closed out due to the utilities reaching their “quotas.”

If you’re served by Eversource in eastern Massachusetts, SMART remains available to you with the highest SMART incentive rates in the state.  Energy storage systems may be of vital benefit here, as Eversource East has the highest demand charges in the Commonwealth.

Similar to the previous SMART program, the new regulations are based on declining block incentives, so the early adopters get the best savings. Contact Solect today to learn how you can benefit from solar, or solar + storage, at your properties.