Benefits + Savings
Clean energy solutions not only reduce your reliance on fossil fuels, but can also save you money by decreasing your energy bills.
INCENTIVES
FEDERAL, STATE, AND MASS SAVE INCENTIVES AVAILABLE IN 2023 BY CLEAN ENERGY SOLUTION
EXAMPLE COST AFTER INCENTIVES
Estimates include equipment and installation for a 2,000 square foot MA home.
Air-Source Heat Pumps
Air-Source Heat Pumps$12,000*
(whole home)
Ground-Source Heat Pumps
Ground-Source Heat Pumps$18,500*
Automated Wood Heat
Automated Wood Heat$20,000*
Solar Hot Water
Solar Hot Water$6,900*
Heat Pump Water Heater
Heat Pump Water Heater$2,000*
Solar Electricity
Solar Electricity$17,000**
*The average cost after incentives is an estimate based on a 2,000 square foot MA home and includes applicable 2023 Federal and State tax credits and 2023 Mass Save® rebates. Actual project costs may vary.
**The estimated cost of solar PV is based off actual MA projects from 2019 – 2021 and includes 2023 Federal and State tax credits. The average single family system size in Massachusetts is 7-8 kW DC. Over the lifetime of the system, additional revenue can be generated through energy savings or other incentive programs such as the SMART program. Please visit MassCEC’s Solar Cost Comparison Tool for examples of residential solar installations from 2001 – 2021.
There may be additional Mass Save® incentives available for specific project types (i.e. new construction, renovations, additions).
Other good sources of incentive information are:
UNDERSTANDING YOUR IMPACT
Get a better understanding of the environmental impact and operating costs of your current heating solution as compared to clean heating technologies.
ENVIRONMENTAL IMPACT
This graph shows the carbon emissions produced by heating a standard 2,000 square-foot (SF) Massachusetts home using traditional as compared to clean technologies, assuming either today’s electric grid or a 100% renewable grid.
Greenhouse Gas (GHG) Emissions for Heating a Standard 2,000 SF Home
- 2020 Electricity Grid
- Based on the 2018 New England electric grid greenhouse gas emissions rate. https://www.iso-ne.com/system-planning/system-plans-studies/emissions/
- 100% Clean Electricity Grid
- An individual homeowner can achieve a high percent of clean electricity today by installing solar PV and/or by purchasing electricity sourced from renewables.
- To achieve Massachusetts’ Net Zero by 2050 goal, the utilities in Massachusetts will increase their purchase of clean electricity in the coming decades.
OPERATING COSTS
The graphs represent the annual heating operating cost for a standard 2,000 SF home heated by fossil fuels as compared to clean energy technologies.
*Please note that prices and performance may vary by year, system, and home weatherization level. Homeowners who install air-source heat pumps or ground-source heat pumps, which also provide cooling, can also expect to save 30% – 50% on cooling costs as compared to a standard central air-conditioning system.
Explore Clean Energy Solutions for Your Home
Schedule a Mass Save® Energy Assessment to Get Started
Request a Consultation from a Certified Professional
We’re In This Together
Pledge to reduce your home’s carbon footprint by replacing old systems and appliances with clean energy technologies over time.
