The genesis of this program came out of the department of energy resources explained andrew belden director of solar programs at masscec.
Masscec solar loan program.
Solarize mass a group buying program providing discounts for residents in participating communities.
In order to meet the overall goals of the program masscec has announced an upcoming transition that steps down loan support while providing 10 million in additional funding for future program activities that focus on income qualified customers.
Participation in the mass solar loan program is an opportunity for lenders to become a part of the growing massachusetts residential solar market.
While terms may vary participating lenders are required to offer fixed rate 10 year loans between 3 000 and 35 000.
The mass solar loan program was developed to further encourage the adoption of solar panels in ma and support the commonwealth s solar industry in a way that maximizes the benefit to the local economy.
Prepare internal processes to receive loan applications.
The mass solar loan program is nearing full utilization of the initial program funding tracked here.
The mass save heat loan offers interest free financing opportunities up to 25 000 for energy efficient home upgrades like heating and water heating equipment central a c and heat pumps insulation and more.
Masscec will provide you with a personal training of the program process and a login and password for the mass solar loan portal the central location where lenders can reserve program loan support.
Mass solar loan a state run program connecting homeowners with low interest loans for solar electric systems and additional incentives for income qualified customers.
Solar access is a program designed to help middle income homeowners access affordable renewable energy.
For loans closing on or after september 13th 2019 program incentives are focused on low income qualified customers who fall within the income based threshold indicated below.
To get started call mass save at 866 527 save to schedule a home energy assessment.
From the attic to basement we re here to help you with your home energy upgrades.
Mass solar loan launched as a 30 million program administered in partnership between the massachusetts department of energy resources doer and the massachusetts clean energy center masscec.
Mass solar loan program available to massachusetts residents the massachusetts department of energy resources doer and the massachusetts clean energy center masscec have launched the mass solar loan program for massachusetts residents interested in directly owning their solar electric projects.
