Citizens Lured With Incentives To Use Home Solar Power In MA

Article by James Watt

The residents of Massachusetts pay unimaginable amount for their electricity. One clearly knows that it next to impossible to control the use of power. Hence people have understood that home solar power in MA is a great line of attack to the sky high bills. You can power you home with clean, renewable, and affordable energy.

In spite of having an excellent solar technology to its credit, the one thing that pulls people away from using it is the high investment costs that one has to incur. This may seem to be a mountain to many. However, if you weigh it against the huge power bills you pay each month all your life, you will realize that you will eventually end up paying a lot more than you actually imagined. All you need to do is to spend on setting up home solar power in MA and enjoy electricity for free for the rest of your life.

The state government of Massachusetts has come with a creative solar incentive funding mechanism. It is awarding people with some amount of state renewable energy credits for using solar energy. They can sell these credits in the market. In general, the buyers of these credits are those people or businesses that have minimized their consumption of other energy resources as have been laid down by the government. They may also be those businesses who have been unable to use the solar energy in the required amount. Since the organizations purchase these credits in the open market, they have by and large succeeded in getting a clean chit from the government. It is interesting to know that, in the entire process, that the house owners have been able to earn a lot in this manner.

Another incentive for using home solar power in MA is the net metering policy which enables you to store your extra energy with the utility. They then credit your bill at night when you use energy. Different utilities have different programs. Some utilities give you more credit while others may be less generous. Nevertheless, you are still able to use energy even when the sun isn’t shining bright making you less reliant on batteries. This program is limited to one percent of the utility’s capacity.

The government offers property and sales tax exemption for twenty years. This means that once the property tax person comes to assess your new solar home, they cannot assess for the next twenty years to come. Furthermore after twenty years, your solar panels are bound to depreciate to almost nothing. So most likely the panels will not increase your property taxes.

The number of people upgrading to Home Solar Power In MA is increasing day by day and why not, it is by and large the best way to take control of rising electric costs. One must applaud the government to come up with such incentives to lure the citizens to use renewable energy.

The website link is given below for more information:Home Solar Power In MA