In addition find out what solar programs and incentives are currently available for your home business or institution.
Mass solar loan phone number.
Receive a price quote from a pre qualified mass solar loan installer downloadable list.
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.
Wind solar biomass and more.
The mass solar loan program includes three incentives to help massachusetts residents go solar.
About the mass solar loan program.
You can check out current program metrics here to get an in depth look at the numbers.
Income qualified residents may be eligible to have the mass solar program pay a portion of their loan principal once the project is complete.
The mass save heat loan offers interest free financing opportunities up to 25 000 for energy efficient home upgrades like heating and water heating equipment central a c and heat pumps insulation and more.
Mass save is a collaborative of massachusetts natural gas electric utilities and energy efficiency service providers to help massachusetts residents businesses and communities save energy and money.
The massachusetts department of energy resources renewable energy division provides information regarding the different kinds of renewable energy funding programs and incentives installation assistance and more available in massachusetts.
However the experts agree that massachusetts is an excellent location for solar systems.
Recent updates to the mass solar loan program have changed interest rates.
While some rates have changed for property owners the mass solar loan program is still a beneficial program helping massachusetts residents go solar.
Changes to the mass solar loan program.
Mass solar loan resources.
Use the mass solar loan consumer dashboard to learn about solar costs and loan interest rates under the mass solar loan program.
Types of renewable energy available in massachusetts include.
The gross loan interest rate under the mass solar loan program is capped at wsj prime 2 75 so effective june 15 2017 this cap is now 7 00 making the maximum customer interest rate 5 50 after the interest rate buy down.
Follow the steps below to get started.
To get started call mass save at 866 527 save to schedule a home energy assessment.
Solar electricity can provide you with lower cost electricity.
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.
This section describes the different types of solar energy and how they are used in massachusetts.