Along with a 15% state tax credit worth up to $1000, the Solar Massachusetts Renewable Target (SMART) is the newest incentive program created to promote solar adoption in Massachusetts. SMART picks up where the SREC program left off, but with fewer incentives that steadily shrink as time passes. Combined with the declining federal solar investment tax credit (ITC), the message from state & federal governments is clear:
THE SOONER YOU GO SOLAR, THE MORE YOU SAVE.
Time to Get SMART
Effective November 2018, SMART is a declining block model that provides fewer incentives than SREC. As time passes, blocks decline 4% in kilowatt-capacity and incentive value. Once a block fills up, the next block is available at 4% less across the board.
To put it simply:
The longer you wait to go solar, the less financial incentive you receive.
Federal Solar Incentives Declined in 2020
Maximize Your Investment
When we combine the inevitable lower SMART incentives with the ever-declining federal investment tax credit, now is the time to install your solar system – and we can help you get there.