Rebates and Incentives

Tax Incentives for all

• Solar hot water projects qualify for the 30% Federal Tax Credit and the $1000 state tax credit. 
• www.dsireusa.org

Low interest loans for many

•  The HEAT Loan Program provides customers the opportunity to apply for a 0% loan from participating lenders to assist with the installation of qualified energy efficient improvements in their homes. The loans are available up to $15,000 (depending on utility) with terms up to 7 years. To apply for the loan, the customer must own and reside in a one-to-four-family residence and obtain a Mass Save Home Energy Assessment.  Must be customers of National Grid, NStar, Unitil, WMECO or Cape Light Compact.
• Mass Save HEAT Loan - (800) 632-8300

Investment

• Solar water heating systems offer both a financial and an environmental return on investment. According to the US Department of Energy, more than 1.5 million homes and businesses in the United States have invested in solar water heating systems, and surveys indicate that more than 94% of these customers consider the systems a good investment. Solar water heaters avoid the greenhouse gas emissions associated with electricity production. During a 20-year period, one solar water heater can avoid more than 50 tons of carbon dioxide emissions.