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Massachusetts Solar Incentives: Tax Credits & Rebates Guide 2024
  • Written by Luke Daugherty
  • |
  • Edited by Hannah Whatley
  • |
  • Last updated 09/11/2023

Estimate your home’s solar cost and savings

20-year savings
$0
Incentives
$0
Upfront cost
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Payback period
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Key Points

  • The average cost of solar panels in Massachusetts is $4.06 per kilowatt hour (kWh), totaling around $24,400.
  • The average payback period for solar in Massachusetts is a little under nine years.
  • SaveOnEnergy can help you compare solar quotes and find an installer that fits your needs.

Ready to go solar? Call 866-288-9807 to be connected with a solar expert today!

Solar power FAQs

  • The cost of solar panels depends on various factors, including the size of your system, the type of solar panels you install, local installation costs, and more. On average, you can expect to pay around $24,400 in Massachusetts before factoring in tax credits and other incentives that can lower the total cost.

  • Solar power can be an excellent investment, helping you reduce your energy costs and gain more energy independence. However, it’s important to consider your energy usage habits and the amount of sunlight your property gets to determine if it’s the right decision.

  • The amount you could save by investing in solar power depends on the amount of energy your solar panels produce and your current energy usage habits. Massachusetts residents paid an average electricity bill of $161.64 as of June 2023. If your Massachusetts solar panels eliminate these costs, you could save nearly $2,000 per year, on average. To find out how much you might save, examine your typical monthly electricity bill.

  • With 493 solar companies in Massachusetts, including manufacturers and installers, it can be daunting to find the trusted company. SaveOnEnergy provides many resources for homeowners thinking about going solar. Before working with a solar installer, research the company’s customer testimonials, experience, and reputation. Complete this form or call us at the number listed previously to get more information and find the solar installer in Massachusetts that suits your needs.

  • Unlike traditional electricity generation, solar power is a renewable resource. It doesn’t emit carbon dioxide or other harmful greenhouse gasses. Installing solar panels on your home can reduce your home’s environmental footprint because you will rely more on a green energy source than traditional power sources like oil and gas.

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