Red and yellow, plum and orange, Massachusetts fall foliage creates a yearly color kaleidoscope. Yet, Massachusetts residents could be enjoying the calming effects of yet another color during every season of the year: green. By switching to solar energy, each participating resident can be part of helping Massachusetts to save 6 1/2 billion dollars annually. Some of that money is inevitably going to wind up in consumers’ pockets. In other words, Massachusetts has to go green to get green.
To promote this ongoing green campaign, the Massachusetts MassSave program outlines many ways that consumers can save money both individually and corporately. By keeping energy efficiency in mind, consumers can qualify for various rebates, tax credits and other incentives. The MassSave website provides consumer information on how to schedule a custom in-home energy assessment. By signing up for this free assessment, the average household can discover how much wasted energy they pay for every month and how solar energy and other energy-efficient options can help them save.
MassSave also proves beneficial to businesses and industrial professionals. If a business constructs a new facility or addition, it may qualify for financial incentives, free energy assessments and other perks for choosing solar energy and other energy-efficient options. Advantages seem obvious for certain industrial professionals. For those professionals currently licensed to install solar panels, a greener Massachusetts means more green for their pockets. However, increasing demands for energy-efficient solutions means more work for overworked professionals. To increase the qualified workforce to meet demands, MassSave provides industrial training and incentives for professionals who install energy-efficiency equipment. In addition, MassSave will include contact information for qualified professionals on government literature distributed to the public. This amounts to free advertising for the professionals. Obviously, going green benefits both businesses and industrial professionals.
Apart from perks derived from MassSave, Massachusetts has proposed the concept of net metering Massachusetts to provide further financial incentives for individual and corporate consumers. The net metering Massachusetts program would require everyone serviced by a certain energy provider to install solar panels. These panels would attach to meters monitored by the power company. Every time the solar panels collected power, the meters would record the amount of energy generated at that location. At the end of each month, the power company would assess bills based on the difference between the amount of energy generated and the amount of energy consumed by a particular consumer. The net difference would determine how much that consumer owed the power company for the month. However, if the consumer produced more energy than he used in a given month, he would receive a credit instead of a bill. This describes net metering Massachusetts in a nutshell.
While Massachusetts already rates rave reviews for its fall colors, why should it not also have bragging rights when it comes to the color green? Consumers can help to make Massachusetts a greener state in both energy conservation and financial savings. Going green does not have to be a hassle or an inconvenience. It can actually provide great benefits and help to keep the pockets of Massachusetts consumers a whole lot “greener,” too.
Massachusetts Personal Tax Credit for Solar Systems
Calculating the True Cost of Solar
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