Grants and Incentives:
Federal
Tax Incentives:
The The Solar Energy Industries Association website, Seia, is tracking interpretations of the New
Federal Solar Tax Credits for residential and commercial PV System owners.
We'll explain the benefits and include them in your costs analysis at a site assessment. This is the first Solar Tax credit for homeowners since 1985.
(These statements are for informational purposes only; further details are available at
www.dsireusa.org. The Customer should consult a professional tax advisor on eligibility and application for these tax incentives.)
Massachusetts
Tax Incentives:
Massachusetts has an income tax credit for individuals who install renewable energy systems (solar or wind power) for their primary residences. The credit is 15% of your cost of the system, including installation, up to a maximum of $1,000. Additionally, the purchase of a PV system to be installed on a primary residence is exempt from Massachusetts sales tax. Commercial owners or non-Massachusetts residents, we would be happy to explain other federal and state incentives.
(These statements are for informational purposes only; further details
are available at www.dsireusa.org. The Customer should consult a
professional tax advisor on eligibility and application for these tax
incentives.)
Grant Incentives
Massachusetts Renewable Energy Trust.
The Commonwealth Solar II Program provides rebates through a non-competitive application process for the installation of PV projects. Rebates are given to residential, commercial, industrial, institutional and public facilities for systems up to 5 kW. Funding is limited in 2010, first come first served. Please go to our First Steps!
The Commonwealth Solar Stimulus Program provides rebates through a non-competitive application process for the installation of PV projects on commercial, industrial, institutional and public facilities greater than 5 kW but less than 200 kW. The first block of funding has already been exhausted. Please contact us for additional details on this programs, or visit www.Commonwealthsolar.org
Agricultural Projects
Several Federal and State programs offer grants on a competitive basis for PV installations on farms. Please call BPVS for further details.
(These statements are for informational purposes only; further details are available at www.dsireusa.org. The Customer should consult a professional tax advisor on eligibility and application for these tax incentives.)