Residential

 

Wood Pellet Boiler

Wood Pellet Stove

Air Source Heat Pump

Ground Source Heat Pump

Heat Pump Water Heater

Solar Water Heating

Mass Save® rebate

 

 

Up to $500

 

$750

 

MassCEC Clean Heating and Cooling programUp to $16,500up to $3,000up to $6,000up to $20,000Xup to $6,000
Mass Save HEAT Loan

0% interest loan up to $25,000

 

0% interest loan up to $25,000

0% interest loan up to $25,000

0% interest loan up to $25,000

0% interest loan up to $25,000

Residential Renewable Energy Tax Credit (federal)

 

 

 

30%

 

30%

Renewable Energy Equipment Sales Tax Exemption (state)

Wood pellets and firewood are presumed to be exempt

Wood pellets and firewood are presumed to be exempt

 

100%

 

100%

Personal Tax Credit (state)

 

 

 

 

 

15% or $1,000 Max

Renewable Energy Property Tax Exemption (state)

 

 

 

 

 

100% for 20 years

 

Business, Commercial & Industrial

 

Wood Pellet Boiler

Air Source Heat Pump

Ground Source Heat Pump

Solar Water Heating

MassCEC Commonwealth Solar Hot Water Rebate

 

 

 

Max. $50,000

Business Energy Investment Tax Credit (federal)

 

 

10%

30%

Renewable Energy Property Tax Exemption (state)

 

 

 

100% for 20 years

Excise Tax Deduction (state)

 

 

 

100% Deduction

MassCEC Clean Heating & Cooling Programup to $250,000up to $250,000up to $250,000up to $100,000

*Pertains only public to buildings, not-for-profit buildings, K-12 schools and greenhouses

        Downloadable PDF Version pdf format of Renewable Heat Incentives