Estimated Savings for a Typical Massachusetts Home
Based on a $150/month electric bill
System Size
4.8 kW
Gross Cost
$16,801
Federal Credit
-$5,040
State Incentive
-$1,000
Net Cost
$10,761
Annual Savings
$1,460
Payback Period
7.4 yrs
25-Year Savings
$39,110
CO₂ Offset/yr
5,416 lbs
Massachusetts Solar Incentives
30%
Federal Investment Tax Credit (ITC)
Deduct 30% of your total solar installation cost from your federal taxes. Available through 2032 with no dollar cap.
$1,000
Massachusetts State Incentive
Massachusetts offers a 15% state tax credit up to $1,000 plus SMART program.
Net Metering Policy: Full Retail
Top utility in Massachusetts: Eversource MA. View full incentives detail →
Solar Costs by City in Massachusetts
| City | Annual Savings | Payback (yrs) | Population ↓ | Utility |
|---|---|---|---|---|
| Boston | $1,460 | 6.6 | 675,647 | Eversource MA |
| Worcester | $1,460 | 7.3 | 206,518 | Eversource MA |
| Springfield | $1,460 | 7.5 | 155,929 | Eversource MA |
| Cambridge | $1,460 | 6.3 | 118,403 | Eversource MA |
| Lowell | $1,460 | 6.5 | 115,554 | Eversource MA |
| Brockton | $1,460 | 8.4 | 105,643 | Eversource MA |
| New Bedford | $1,460 | 6.7 | 101,079 | Eversource MA |
| Quincy | $1,460 | 7.5 | 94,470 | Eversource MA |
| Lynn | $1,460 | 8.3 | 94,299 | Eversource MA |
| Fall River | $1,460 | 6.9 | 88,945 | Eversource MA |
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Quick Facts: Massachusetts
- ⚡ Avg rate: $0.248/kWh
- 🌞 Peak sun: 4.2 hrs/day
- 🏭 Top utility: Eversource MA
- 📋 Net metering: Full Retail