Solar Savings Calculator for Massachusetts

Massachusetts homeowners pay an average of $200/month for electricity at 28.5¢/kWh. With 4.1 peak sun hours per day and a 15% state tax credit, solar can dramatically cut your energy costs.

$200
Avg Monthly Bill
28.5¢/kWh
Electricity Rate
4.1h/day
Peak Sun Hours
$73,683
Est. 25-Year Savings

Calculate Your Savings in Massachusetts

Adjust Your Details for Massachusetts

$
$50$1,000
50010,000
50¢

Your Estimated Solar Savings

System Size
6 kW
Panel Count
15 panels
Total System Cost
$18,000
Federal Tax Credit (30%)
-$5,400
State Tax Credit (15%)
-$2,700
Net Cost
$9,900
Annual Savings
$2,400
Payback Period
4.1 years
25-Year Savings
$73,683
Return on Investment
744%

* Estimates based on 4.1 peak sun hours/day in Massachusetts, system cost of $3/watt, 30% federal ITC, 15% state tax credit, 3% annual electricity inflation, and 0.5% annual panel degradation over 25 years. Actual results may vary.

Solar Incentives in Massachusetts

Federal Solar Investment Tax Credit (ITC)

Reduces federal income tax liability by 30% of the total cost of a solar energy system, including equipment and installation.

30% of system cost

Massachusetts SMART Program

Performance-based incentive payments for solar energy production over a 10-year period.

$0.03-0.12/kWh for 10 years

Massachusetts Solar Tax Credit

State income tax credit for residential solar installations.

15% of cost, up to $1,000

Cities in Massachusetts

Select your city for a more precise estimate with local electricity rates and utility information.

More Solar Resources for Massachusetts

Go Solar in Massachusetts

Join thousands of Massachusetts homeowners saving with solar. Get a free personalized quote from Melia King Solar.

Get Your Free Quote