Does Ma allow Netmetering?

Massachusetts’ net metering policy allows property owners to send electricity generated by their solar panel system onto the grid, and receive credit on future electric bills for excess energy produced by the system.

Can you sell electricity back to the national grid?

Assuming your house is connected to the national grid, you can sell any surplus electricity you generate back to your energy supplier, (although it is sometimes hard to get the appropriate red tape completed). There are basically two options for selling your renewable energy back to your electricity supplier.

What is mass ACA?

MassACA – Massachusetts System of Assurance of Net Metering Eligibility.

How do I report SREC income?

Yes, Solar Renewable Energy Credits are taxable, on both your federal and state returns. The sales are typically reported on Form 1099-MISC. The form is generally issued to income recipients if at least $600 in income has been received.

What replaced the FIT scheme?

The FIT scheme has been replaced by the smart export guarantee (SEG), which came in on 1 January 2020. Like the FIT scheme, it pays you for any surplus electricity you produce but don’t use.

What is the Massachusetts SREC program?

The Massachusetts Department of Energy Resources (DOER) launched the first Massachusetts SREC program in January 2010. The program, now referred to as SREC-I, was created as a Massachusetts-specific solar carve-out of the New England REC market.

What happened to the SREC-II program?

The SREC-II program came to a close in November 2018 as the program surpassed its original goal of 1,600 MW prior to 2020. In November 2018, the Solar Massachusetts Renewable Target Program was launched. More information on this incentive program can be found here.

What happens to my SREC if it is not purchased?

If an SREC deposited in the SCCA is not purchased, then it is re-issued and must be sold within three years; however, re-issued SRECs may not be deposited into future Solar Credit Clearinghouse Auctions, effectively stripping these SRECs of SCCA eligibility.

Which systems are eligible for the Massachusetts Class-I REC market?

Massachusetts-sited, non-solar renewable systems and renewable systems sited in RI, CT, NH, VT, and ME are eligible for the Massachusetts Class-I REC Market. This graph is protected by copyright laws and contains material proprietary to SRECTrade, Inc. All bid pricing and notes included are indicative and subject to change.