Citing an “eco-conscious population, a growing number of options for going solar, and enticing Federal and state-level incentives”, award-winning solar integrator RevoluSunhas released Massachusetts Clean Energy Center data showing that residential solar installations have more than quadrupled between 2010 and 2012 in the state. The data as well as economic factors believed to be driving the solar purchasing trend in Massachusetts are shown in the infographic provided to the left. A Framingham resident and genetic counselor, Judy Jackson explains, “I always wanted solar panels. After hours of research and scrutinizing every detail and option, I realized how much we would save in electricity costs in addition to the money that would be generated from solar renewable energy credits (SRECs) during the next 10 years. We made the leap and bought 24 high-efficiency solar panels, which cost nearly 40% less after the tax credits and rebate.” Ms. Jackson adds, “Since late January, even with our snowy winter, we produced about 3,000 Kw hours of energy. That’s enough for three SRECs, which have an estimated value of $285 each at the Department of Energy Resources auction.” “Massachusetts is adopting solar so quickly that Governor Patrick just announced a new State goal: 1,600 megawatts of solar capacity by 2020 – enough to power 240,000 homes annually,” stated Kip George, President of RevoluSun’s Burlington office. Massachusetts has tremendous Federal and state incentives and utilities must meet annual goals for solar electric production.
Source: Massachusetts Residential Solar Installations More Than Quadrupled Between 2010 and 2012, by Joshua S Hill, May 27,2013