Lease / Buy / Choose a Solar Installer
Leasing a System
You can choose to either purchase or lease a solar PV system. If you choose to lease a system, a solar leasing company would install the system on your property for little or no upfront cost to you. They would own and operate the system. You would pay them a monthly equipment lease fee which is less than what you would have paid CMLP, on average, to deliver the same amount of electricity to your house. One caveat: the lease agreement must be approved by CMLP’s legal counsel in advance. To date, they have approved lease agreements offered by Direct Energy Solar (formerly Astrum Solar) and New England Clean Energy – the only two that have submitted agreements for approval.
Owning a System
Residents can get loan assistance from MassCEC. As a PV system owner in Massachusetts, you would also be entitled to Solar Renewable Energy Credits (SRECs). These provide you with a revenue stream for about ten years, reducing the payback period for your system. Your solar installer can explain how SRECs work and you can also watch a short video by the EPA about SRECs here. You can learn also about SRECs here: http://programs.dsireusa.org/system/program/detail/5679.
**** NOTE that SRECs are due to be phased out when the state begins the SMART program. We expect this to occur in June of 2018, but this date is subject to change. When the SMART program starts, Concord residents will not be eligible for either SRECs or SMART. We anticipate, therefore, that payback periods will be significantly extended for Concord residents who begin producing solar energy beginning in July, 2018. In order to get SREC payments, new photovoltaic systems must receive CMLP's Approval to Operate by mid to late June, 2018.
It is possible that the state will push that date further into 2018, but at this time we are assuming that 6/30/18 or earlier is the deadline. We will do the best we can to get all solar PV interconnection applications processed as quickly as possible during this time. On average, last spring, the time from interconnection application submittal to CMLP to approval from CMLP to install solar panels was 2 weeks. The average time from interconnection application to approval from CMLP to operate the PV system was 8 weeks. This means that CMLP should receive the interconnection application by May 1st. ****You can find information about the federal tax credits for solar PV installations here: http://www.energystar.gov/index.cfm?c=tax_credits.tx_index#c3 and state tax credits here: http://programs.dsireusa.org/system/program/detail/144.
You can find PV installers who can lease or sell you a PV system at: www.nabcep.org, http://solar-estimate.org. Here is a list of companies that have installed systems in Concord. CMLP does not endorse or pre-qualify these companies in any way.
|Ace Residential Solar||Rayah Solar|
|Apex Solar Power||RevoluSun|
|Big Sky Solar||S & H Construction|
|BlueSel Home Soalr||Sirois Electric|
|Boston Solar||Skyline Solar|
|Bright Star Solar||Solar Rising|
|Certified Safe Electric Inc.||SolarCity Corporation|
|Solect Energy Development LLC|
|EarthLight Technologies||Solworks Energy|
|Endless Technologies||Steven Coldwell Electrician|
|Future Energy Solar||Sunation Solar Systems|
|Go Green Industries||Sunbug Solar|
|Great Sky Solar||Sunlight Solar Energy|
|Mass Renewables||Transformations, Inc.|
|Munro Distributing||Trinity Solar Systems|
|New England Clean Energy||Twin State Sun, LLC|
|Northeast Solar Services|