23 Jun '11, 3pm

Boston Launches Residential Solar Incentive Program

Boston's mayor, Thomas M. Menino, has announced the launch of the city's new solar pilot program, which is designed to encourage Boston homeowners to invest in renewable energy. The program is possible due to a $140,000 American Recovery and Reinvestment Act Energy Efficiency and Conservation Block Grant for small residential solar photovoltaic installations by providing matching rebates to the Massachusetts Clean Energy Center's Commonwealth Solar II program. Average residential rebates are expected to range from $1,000 to $3,000, in addition to state and federal incentives, and will bring average payback of a residential PV installation to less than four years, according to a statement from the mayor's office. Residents participating in the program are required to invest in energy-efficiency improvements and must also complete an energy assessment from the city’s Renew B...

Full article: http://solarindustrymag.com/e107_plugins/content/content....

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