General Finances

All paid in cash

Total Cost of Project $75,000
Gross Cost of Renewable Energy System $75,000
Cost per sq ft of conditioned space $14.00
Value of Tax Credits for renewable energy systems $50,000
Net Cost of renewable energy systems $25,000

Savings and Revenue

Annual Electric Savings $2,500
Annual Revenue from SRECs or other RE credits $3,750

Rebates and Financial Incentives

Federal incentives

30% federal tax credit on solar panels, about $23,000

State incentives

MA SREC2 solar power subsidy, about $29,000

Utility incentives

$1500 utility rebate on heat pumps



Get all the incentives and the low cost, or zero interest, state loans. Get Massive to pay for the insulation.