Massachusetts is at a crossroads. To keep the state’s solar market moving, the Massachusetts State Legislature must raise the state’s net energy metering caps before the year is out. Despite progress being made to finalize the new incentive program by the Massachusetts Department of Energy Resources (DOER), called Solar Massachusetts Renewable Target (SMART), the Legislature must act to keep support for solar projects intact. A little background. The Commonwealth helps customers pay for solar projects through two mechanisms. First, Massachusetts provides an incentive for solar projects through the Solar Renewable Energy Credit (SREC 2) trading program. Second, through net energy metering (NEM), solar customers can cover the costs of their own electricity needs, as well as receive fair compensation for any excess energy they are sending back to the grid. Working hand in hand, these dual measures have helped create nearly 15,000 solar jobs in Massachusetts. That is an i...
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