We strongly encourage you to work with your installer to learn how this incentive will benefit your project and financial projections.

Visit the www.masmartsolar.com for more information and resources.

Residents should complete Form 5695 and follow the IRS instructions.

Tax-exempt non-profit and public organizations are not eligible to receive the tax credit.

If the entire credit is not used in one tax year, it can roll over to next.

Note that this federal tax credit has been extended at 26% through the end of 2022, steps down to 22% in 2023 and expires at the end of December 2023. Speak to a tax professional for advice on how best to apply this to your project.

Only residents are eligible for this tax credit. This credit may be rolled over to the next year if not used in one tax year.

For the sales tax exemption, fill out Form ST-12 (Exempt Use Certificate, Section 3) and provide it to your installer. The form can be found here: https://www.mass.gov/files/documents/2017/12/12/dor-sales-use-form-st-12.pdf

To learn more about the property tax exemption, please see the Massachusetts Department of Revenue’s Information Sheet: http://www.mass.gov/dor/docs/dls/city-town/2012/ctmarch1-2012.pdf

System sizes under 10kW are exempt from the net metering cap and receive near full retail value for their electricity.

System sizes over 10kW may be subject to the net metering cap and receive value at 60% of the retail rate.

For full details visit: https://www.mass.gov/guides/net-metering-guide

Summer Peak: $225/kW-performed-summer (Also eligible for SMART Battery Adder.)

Winter Peak: $50/kW-performed-winter (Also eligible for SMART Battery Adder.)

Customers will receive an incentive every summer and winter based on the performance of their battery system.

The incentive rate is locked in place for the first 5 summers the customer is enrolled in Connected Solutions for all new systems.

Incentives are performance-based. Your battery system performance will vary based on size, configuration, internet connectivity, and other factors.

Details on peak events

• There will be about 30-60 peak events per summer, and about 5-15 per winter

• You don’t need to take any action during peak events. Your battery system will discharge automatically.

• Peak event last about 3 hours each.

Customers must participate with an approved battery implementer.

For more information, talk to your solar installer or contact one of the approved battery implementers.

• Generac (formerly PikaEnergy) - https://www.generac.com/resources-and-tools/ce-installer-resources/clean-energy-sales/pagesections/connected-solution-form

• Sonnen – https://sonnenusa.com/en/connectedsolutions

• SolarEdge– https://www.solaredge.com/us/connected-solutions-ma

• Tesla - https://www.tesla.com/connectedsolutions

• Loans are for the cost of the batteries only (not PV)

• Loans are for participants in the Connected Solutions Program

MassSave provides an Authorization Form for customers to take to over 80 participating lenders in the HEAT Loan program. It is at the discretion of the lender to provide the customer the loan and provide the terms. If the customer qualifies for a loan, MassSave will buy down the interest rate to 0%.

We strongly encourage you to work with your installer to learn how this incentive will benefit your project and financial projections.

Visit the www.masmartsolar.com for more information and resources.