Solar incentives in Massachusetts
Installing solar panels in Massachusetts is an excellent way to save money on rising electric bills in a state with one of the highest residential electricity rates. Check your local government’s website for additional solar programs, incentives, and rebates for more solar savings.
- Residential Clean Energy Credit: A federal solar tax credit offering 30% of the total cost of your solar panel system as a credit on your next income tax return.
- State tax credit: Massachusetts provides a 15% tax credit for solar systems up to $1,000.
- Solar property tax exemption: You will not have to pay additional property taxes for the value of having solar panels on your Florida home.
- Solar sales tax exemption: Massachusetts sales tax does not apply to solar equipment.