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Masscec solar loan program.
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.
The mass solar loan program includes three incentives to help massachusetts residents go solar.
The non profit center for ecotechnology guides homeowners through the installation of solar panels by sunbug solar and the installation of heat pumps by girard heating and air conditioning with financing provided by umass five college credit.
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.
The mass solar loan program is nearing full utilization of the initial program funding tracked here.
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Solar access is a program designed to help middle income homeowners access affordable renewable energy.
Mass solar loan connects homeowners interested in solar electricity to solar installers and lenders that have available financing options.
Max 500 maximum loan amount.
Prepare internal processes to receive loan applications.
Mass solar loan a state run program connecting homeowners with low interest loans for solar electric systems and additional incentives for income qualified customers.
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In order to meet the overall goals of the program masscec has announced an upcoming transition that steps down loan support while providing 10 million in additional funding for future program activities that focus on income qualified customers.
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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 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.