Masscec Solar Loan Program

Mass solar loan a state run program connecting homeowners with low interest loans for solar electric systems and additional incentives for income qualified customers.

Masscec solar loan program. Solarize mass a group buying program providing discounts for residents in participating communities. Barnstable berkshire bristol dukes essex franklin hampden hampshire nantucket norfolk plymouth suffolk worcester. Secured ucc 1 on equipment closing costs. The mass solar loan program launched by the massachusetts clean energy center masscec and the massachusetts department of energy resources doer in 2015 combines incentives and partnerships with local banks and credit unions to increase access to solar pv financing while creating a solar lending market.

Mass solar loan connects homeowners interested in solar electricity to solar installers and lenders that have available financing options. Mass solar loan launched as a 30 million program administered in partnership between the massachusetts department of energy resources doer and the massachusetts clean energy center masscec. With your installer s help you must complete a mass solar loan technical application at the mass solar loan portal indicating your intent to apply for income based loan support before you can apply for income verification if you have already completed an application on the mass solar loan portal please use the link provided in the email sent from the portal to begin your income. Mass solar loan program available to massachusetts residents the massachusetts department of energy resources doer and the massachusetts clean energy center masscec have launched the mass solar loan program for massachusetts residents interested in directly owning their solar electric projects.

Masscec will provide you with a personal training of the program process and a login and password for the mass solar loan portal the central location where lenders can reserve program loan support. Prepare internal processes to receive loan applications. Max 500 maximum loan amount. For loans closing on or after september 13th 2019 program incentives are focused on low income qualified customers who fall within the income based threshold indicated below.

The mass solar loan program includes three incentives to help massachusetts residents go solar. 79 north main street fall river massachusetts 02720 website. Solar access is a program designed to help middle income homeowners access affordable renewable energy. No fees unless property is held in a trust or a life estate.