The Massachusetts Department of Energy Resources (DOER) announced today in Boston that it plans to further expand state renewable energy incentives for solar energy projects in the Commonwealth by 2017. The solar incentives, introduced in Massachusetts this week, are part of a broader effort to make it easier for farmers to adopt renewable energy and increase energy efficiency. These projects meet the requirements of the Massachusetts Renewable Energy Act (MEA) and the Clean Power Plan of the US Environmental Protection Agency (EPA).
Per capita solar capacity, which measures the amount of electricity a community can generate from solar energy divided by its population. A system of this size generates 7,100 kWh of solar energy annually, which is sufficient to reduce annual CO2 emissions by 4.9 tonnes. In 2017, the market price for SREC is $270 per kilowatt hour (kWh), which is about half the expected energy savings of a 1,000 kWh solar system.
This figure shows the estimated payback and break period - especially for a 1,000 kWh solar system. You can request a quote by clicking above, but you can try to check the government's solar incentives on the DSIRE.org page here. These factors can affect the price, so check if you are offered incentives for homeowners to use solar energy.
This data point helps to put the effects of solar energy into perspective - what kind of energy is it? The above savings are calculated based on the average cost of electricity for a 1,000 kWh solar system in Massachusetts.
We offer free consultation to help you understand the process of integrating solar energy into your energy use and to get more information about the benefits of solar energy in your region.
During the consultation, your roof will be examined for room size, location and considerations. Solar radiation on roofs in the south usually provides the best solar power results, but the panels are often installed on roofs where you get the most sunlight to generate the electricity you need. If Haverhill has an average of many hours of sunshine, solar panels can produce electricity at a rate of about 1,000 kilowatt hours per year. According to a recent report by the Massachusetts Department of Energy and Environmental Protection (DEP), investment in solar energy in Havershill homes has paid off in less than two years, and property values have risen 3%.
If you have a solid credit rating and are offered favorable terms, it may be a smart move to use a loan to finance a solar system. Low-interest loans allow you to install solar panels without upfront costs and instantly save money on clean energy. If you buy your solar system without financing, you can claim tax incentives and accumulate SREC for up to 10 years or even 20 years.
You also expect installed solar panels to increase your property value and you are exempt from property tax increases. Solar energy pays off as a home buyer, but is more expensive than other forms of renewable energy such as wind or solar.
This is the first in a series of articles about managing your solar energy investment in Massachusetts in the solar energy market of Haverhill, Massachusetts.
Dartmouth, followed by Haverhill, Waltham, Framingham and Revere complete the top five of installed solar capacity with a total of 1,000 megawatts (MW). Springfield also reportedly has the second-largest number of planned solar power plants in the state, behind Boston. Springfield is the third largest solar energy market in Massachusetts after Dartmouth, but ahead of Boston, Boston College, Cambridge, Quincy, Somerville, Springfield, Worcester and Cambridge.
Plymouth has the state's second largest solar power market with a total capacity of 1,000 megawatts (MW), followed by Newton, Cambridge, Framingham and Lawrence.
The Cape and Islands lead Massachusetts in all measurements of solar energy use, and the city of Boston leads Massachusetts in having the highest installed solar power capacity of any city in the state. Western Massachusetts is the leading market for solar panels found in Massachusetts. The city has passed an ordinance prohibiting the installation of large-scale solar panels on residential roofs, although it supports the placement of solar panels on roofs. Cape & Islands is the leader in Massachusetts in all solar energy provision measures.
While the city has approved a litany of solar energy projects and signed numerous power purchase contracts in recent years, anaerobic digestion is a novelty.
If you don't have time to become an expert in solar systems, economics and installation, the best shortcut is to find a trustworthy and competent solar company. Ohmhome's research team has compiled a guide to solar panels in Haverhill, MA, to help you do this. Choosing a solar installer is probably the most important step toward solar energy for homeowners looking for the good solar companies in and around Havershill MA. We recommend you read our guide to choosing a solar company and we have included a weekly solar index.