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:
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.
Solect is a Top 10 U.S. solar company, with over 525 commercial systems installed.
Rooftop solar energy systems, solar canopies for parking lots, and battery storage systems to provide power to offset peak demand charges, participate in demand response programs, and even reduce capacity charges from electric supply bills.
Solect is the only provider you need. We’re your financial guide, purchasing agent, engineer, equipment provider, system installer, project financier, and maintenance and monitoring service, all rolled into one.
We become your solar partner, dedicating ourselves to optimizing your solar performance and maximizing your financial gain. That commitment and performance is why 99% of our customers renew service agreements with us every year, and we earn 1.5 new projects by referral for each project we complete!
“The most difficult part of the process was believing that this was not too good to be true…and getting people to understand that there wasn’t some hidden cost associated with this.”
Dan Harrison, President & CEO of NuPath, Inc., a Solect Energy customer