Commonwealth Solar II: Block 17 Update

MassCEC is pleased to announce that Block 17 of the Commonwealth Solar II Rebate Program launched at 1 p.m. on Monday, January 13, 2014. The Commonwealth Solar II Rebate Program helps finance the installation of solar photovoltaic (PV) systems for residential, non-profit, public, and commercial projects up to 15kW in capacity. Block 17 will consist of $1.5 million and will last until the funds are reserved or until the end of the first quarter 2014, whichever occurs earlier. Funding is available for customers of investor owned utilities or...

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Commonwealth Solar II Rebate Program Announcement

Just announced: Block 16 of the Commonwealth Solar II Rebate Program has closed. The program is scheduled to re-open January 13 with Block 17. Below is a list of program updates and changes: Block 17 will have $1.5 million of funds available. This block will remain open until all of the funds are reserved or until March 31, 2014, whichever is sooner. Block 17 rebate levels will remain the same as in Block 16. MassCEC will no longer require evidence of fulfilling the energy efficiency requirement in order to process the rebate payment. By...

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Wind Rebate Program Overview

Rebate Program Overview Micro wind systems are supported through a hybrid rebate consisting of two parts: Rebate 1: Will be based on the rated capacity of the system at 11 m/s (taken from the system’s power curve). Rebate 2: Will be based on the verified estimate of kilowatt-hours produced by the system for its first year of operation. Ninety percent of the rebate will be paid after project completion and ten percent will be paid after 12 months reporting of electricity production and monitored wind data. The total rebate is capped at:...

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USDA Taking Applications for Rural and Farm Energy Funding

On January 20, USDA announced that it is taking applications for Rural Energy for America Program (REAP) funding. For FY2012, USDA has $25.4 million in budget authority for REAP, which will support at least $12.5 million in grant funding and approximately $48.5 million in loan guarantees. USDA is taking applications for all components of the REAP program with the following deadlines: • renewable energy system and energy efficiency improvement grant applications and combination grant and guaranteed loan applications until March 30,...

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Net Metering

Net metering programs serve as an important incentive for consumer investment in on-site renewable energy generation. Net metering enables customers to use their own generation from on-site renewable energy systems to offset their consumption over a billing period by allowing their electric meters to turn backwards when they generate electricity in excess of their demand, enabling customers to receive retail prices for the excess electricity they generate. Without net metering, a second meter is usually installed to measure the electricity...

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Residential Tax Credit

Massachusetts allows a 15% credit — up to $1,000 — against the state income tax for the net expenditure of a renewable-energy system (including installation costs) installed on an individual’s primary residence. If the credit amount is greater than a resident’s income tax liability, the excess credit amount may be carried forward to the next succeeding year for up to three years. Eligible technologies include solar water and space heating, photovoltaics (PV), and wind-energy systems. The original use of the system must...

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