Time is not on the side of solar power developers as the December 31 deadline on federal renewable energy incentive program nears. The program covers 30 percent of development costs, which made solar projects attractive to investors.
There are five states in the U.S. that are leading the way in incorporating renewable energy sources within their borders. These are the reasons why Arizona, California, Colorado, Massachusetts, and New York are the top five solar states in the country.
Marblehead Municipal Light Department in Massachusetts offers solar rebates to residents who install solar power systems at their residences.
Concord, Massachusetts, has various programs to promote energy efficiency, including a Solar Rebate Program available for photovoltaic systems less than 10 kW.
Massachusetts’ Chicopee Electric Light has a solar rebate program for residential customers who install solar photovoltaic systems at a rate of $2.50 per watt for a maximum of $5000 per installation.
The State of Massachusetts gives a 15% tax credit of up to $1000 for the purchase and installation of a renewable energy system on an individual’s primary residence.
Massachusetts has enacted a new net metering law that allows homeowners and businesses to sell solar power generated by its solar power systems to utilities at retail prices.