Solar power in Haverhill, Massachusetts

National grid provide an SREC and a net metering program for their solar customers in Haverhill. Net metering credits unused solar generation sent to the grid at the retail rate for power. 1kWh sent to the grid cancels out the cost of another drawn from the grid at a later time and you are only billed or credited for the net of these two amounts. After covering the cost energy drawn from the grid each kWh is still credited at the retail value and may be carried over indefinitely to future bills. You may elect to have your utility pay you for excess credits.

National Grid will also pay you for your SREC's. The state of Massachusetts mandates that utilities must source a percentage of their energy from solar power otherwise they are fined. Each Solar Renewable Energy Certificate (SREC) is evidence of 1mWh of solar production. A common 5kW system will produce about 6mWh per year and with SREC's valued at about $270 that's $1,350 in your pocket in the first year. SREC prices as the fines are slowly lowered will reduce by about $15 per year however, this will still but about $14,000 in your account over the life of your system.

Haverhill residents and business owners may also use the state tax credit of 15% of total costs up to $1,000. After subtracting your state tax credit 30% of the remaining costs can be claimed as a deduction to federal taxes. The federal solar tax credit may be spread over several years and will always cover 30% of costs no matter how large the system. Incentives like these are a rare sight to still see and must not be taken for granted as they will surely not get any better than they are now!

Enter your zip code bellow to work out how many panels you need, how long your system will take to pay itself off and what incentives are available!

Even if you are not convinced about solar we recommend that at the very least you use the solar panel calculator for Haverhill to find out:

• How many solar panels you need to cover your power bill;
• How suitable your house is for solar;
• What incentives your house may be eligible for;
• The cost of solar panel installation in Haverhill and whether you are eligible for zero down solar deals; and
• Your likely payback period and return on investment from installing solar