What are THE BENEFITS of going solar?

  • Lower electricity bills from Day 1: Each additional kilowatt of installed solar capacity moves your electricity bill closer and closer to $0/month.
  • Passive income via solar power generation: Depending on your state and applicable incentives, it’s possible to generate positive cash flow from your solar PV installation.
  • Stronger economic growth: At a time of high unemployment, solar energy remains one of the primary job-creation engines in today’s sluggish economy.
  • A healthier environment with cleaner air, water, and soil: Continued reliance on fossil fuel is one of the main reasons why the climate is changing. We are adding greenhouse gases to the atmosphere, which increases the amount of heat trappped by the atmosphere. This is causing an increase in frequency and intensity of events like super-storms and droughts. Reducing fossil fuel use will also reduce the pollution of the air that we breathe.

Reduce your reliance on limited resources

We are learning more and more about the impacts of fossil fuels, and harmful emissions on our environment. Solar technology harnesses the energy provided by the sun; an unlimited, powerful and abundant resource.

Reduce your reliance on the grid

The cost of electricity fluctuates, and rate increases are frequent. By investing in solar energy, you can avoid increases to your energy bill for years to come.

A Solid Investment 

Each individual state offers different incentive programs. In some cases, the utility company will pay you for your unutilized energy. Massachusetts offers generous financial incentives which significantly offset the cost of your solar energy system. Once installed your system is an investment that will pay dividends for years to come. Consult your tax professional to learn how federal and state tax credits apply to your specific project. The descriptions and information below are provided for information only and do not constitute tax advice.

 

Take advantage of the financial incentives 

Additionally, the federal government encourages participation by offering tax credits. 

Federal Renewable Energy Tax Credit

A personal income tax credit equal to 30% of net system cost for solar energy systems. Net system cost for the federal income tax credit is defined as total system cost less the Energy Trust cash incentive. The federal personal tax credit has no maximum limit and excess credit may be carried forward to the next tax year. For more information refer to IRS Form 5695 or click here.
 

INCREASED HOME VALUE

Research has shown that for each kilowatt of energy installed, the value of your home increases upwards of $5,000. The average home adds nearly $30,000 of value when going solar.

 

SOLAR BASICS Solar baSolar PanelsThe

The Basics of Solar Vocabulary

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What are inverters?
An inverter is a device that turns the direct current produced by the solar panels to alternating current, which is what you use in your home. It is an electrical box that is connected to the panels and attached to your house.
Solar Meter
What are Solar Meters?
A solar meter is similar to an electrical meter; it tracks the amount of electricity that your panels are producing and ensures that your system is functioning properly.
Net Metering
What is Net Metering?
There may be times when your system produces more electricity than you use. When this happens you receive a credit from the utility company and this is called net metering. This credit can be used to offset times of higher utilization or in some cases, your utility company may compensate you for this extra power.
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