Chapter 59, Section 5, Clause 45 of the Massachusetts General Laws provides an exemption from local property taxes for any solar or wind-powered system or device which is being used as a primary or auxiliary power system for the sole purpose of heating or otherwise
Chapter 63, Section 38H of the Massachusetts General Laws establishes a 100% excise tax deduction for commercial and industrial users who have made energy-efficient improvements with wind and solar thermal systems. The deduction is effective for the length of the system’s depreciation period.
The Massachusetts Renewable Energy Trust Fund is aimed at promoting the increased availability, use, and affordability of renewable energy by funding research, design, and evaluation of pilots to promote energy innovation. Technologies that are eligible for funds include solar thermal, geothermal heating and cooling projects,
The Massachusetts Clean Energy Center offers a rebate program for commercial, industrial, and residential users who install solar thermal systems. Various financing opportunities and incentives are available through Massachusetts state tax credits, the Massachusetts Department of Energy Resources, municipal partners, and federal partners.
Massachusetts Property Assessed Clean Energy (PACE) funding helps commercial and industrial property owners finance energy improvements with financing terms of up to 20 years. Eligible energy improvements include measures that reduce energy consumption and renewable energy system installation. PACE funding is offered in participating municipalities.
The Massachusetts Clean Energy Center funds Innovate Mass, a program that provides up to $350,000 in bridge funding and technical support to help early-stage companies achieve commercialization for new clean energy technologies and innovative combinations of existing technologies. To qualify, companies must have advanced and
Massachusetts Clean Energy Center administers the IncubateMass program to provide funding to Massachusetts incubators to grow the clean energy innovation ecosystem and commercialize clean-tech startups. Grants are up to $175,000 per year and support building out infrastructure, equipment purchases, networking events, growing strategic clusters, and
Mass Save offers rebates to businesses for new heating and cooling technology purchases including heat pumps, boilers, and compressed air. Rebate amounts depend on the technology and project size.
Massachusetts’ Alternative Energy Portfolio Standard (APS) was established to complement the RPS Program, providing requirements and incentives for alternative electricity technologies. It provides incentives for Massachusetts businesses, institutions, and governments for installing eligible alternative energy systems and requires a certain percentage of the state’s electric
Mass Save offers rebates to commercial and industrial customers for specialty process equipment replacements that reduce energy use and emissions. Qualifying technologies include cold storage and lab grade equipment, compressed air systems, pumps, steam systems, and more.
