Solar Hot Water for Your Home
Massachusetts' new incentive program for solar hot water offers a rebate of over $1000 for a standard system. To find out if solar hot water is right for your home, fill out the form on the right for a free solar evaluation.
Why Solar Hot Water?
Typically, heating domestic hot water accounts for 25% of a home's energy cost. That is hundreds of dollars a year. For most homes in Massachusetts, a solar hot water system will provide 65% to 85% of your hot water annually. Your existing hot water heater becomes the ’back-up,’ so you are never without hot water.
What does a system cost?
Systems typically cost $7,500 - $10,000 installed before incentives, depending on the specifics of the home. But with the state’s Solar Hot Water rebate, the federal 30% tax credit, and the MA tax credit, net cost is $4,000 - $5,000 after incentives. Additionally, some customers may qualify for a rebate from their utility.
The Commonwealth Solar Hot Water Rebate program.The program offers direct rebates for single family homeowners and buildings with up to 4 units. The rebate amount scales based upon system size and components used, but on average it reduces the cost of a standard system by 15 percent. In conjunction with the 30 percent federal tax credit and state tax credit, Massachusetts customers now see a savings of over 50 percent of the overall cost of a solar hot water system. SunBug Solar processes all Commonwealth Solar rebates for our customers. Current Commonwealth Solar Hot Water rebate levels:
- Base incentive: $25 per collector times the collector's SRCC kbtu rating (for a standard residential-size two collector system, $1200 rebate).
- Additional rebate of $200 for using Massachusetts-made components.
- For larger Hot Water or Combined Heat and Hot Water systems, rebate capped at $3,500.
To find out if solar hot water is right for your home, fill out the form on the right for a free solar evaluation.
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