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Massachusetts

Massachusetts

Incentives/Policies for Renewables & Efficiency

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Commercial Solar Hot Water Financing Program   

Last DSIRE Review: 01/09/2013
Program Overview:
State: Massachusetts
Incentive Type: Other Incentive
Eligible Renewable/Other Technologies: Solar Water Heat, Solar Thermal Electric, Solar Thermal Process Heat
Applicable Sectors: Commercial, Nonprofit, Schools, Local Government, State Government, Institutional
Program Budget:$1 million
Web Site: http://www.masscec.com/solicitations/commonwealth-solar-hot-water...
Summary:

The Massachusetts Clean Energy Center (MassCEC) and Paradigm Partners are offering a solar hot water financing program in order to meet MassCEC's objective of growing the commercial solar hot water industry in Massachusetts. Commercial and non-profit building owners can use the financing program to install solar hot water systems that heat water for the building's domestic, space or process heating needs.

A variety of financing options will be available depending on the project, including power purchase agreements or energy service agreements. A third party will finance the construction, maintenance, and operating costs of the system, and the building owner will sign a long-term contract with the third-party owner. In order to be eligible for the program, the customer's utility must pay into the MassCEC Renewable Energy Trust Fund. Interested customers should use the contact below. Projects will be evaluated based on the suitability of the site, the commitment of the building owner, and the project's timeline relative to other proposed projects. 


 
Contact:
  Mike Hogan
Paradigm Partners
Phone: (781) 219-4619
E-Mail: mike@paradigm-partnership.com
Web Site: http://paradigm-partnership.com/
 
  MassCEC Information
Massachusetts Clean Energy Center
55 Summer Street, 9th Floor
Boston, MA 02110
Phone: (617) 315-9355
E-Mail: info@masscec.com
Web Site: http://www.masscec.com
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Disclaimer: The information presented on the DSIRE web site provides an unofficial overview of financial incentives and other policies. It does not constitute professional tax advice or other professional financial guidance, and it should not be used as the only source of information when making purchasing decisions, investment decisions or tax decisions, or when executing other binding agreements. Please refer to the individual contact provided below each summary to verify that a specific financial incentive or other policy applies to your project.

While the DSIRE staff strives to provide the best information possible, the DSIRE staff, the N.C. Solar Center, N.C. State University and the Interstate Renewable Energy Council, Inc. make no representations or warranties, either express or implied, concerning the accuracy, completeness, reliability or suitability of the information. The DSIRE staff, the N.C. Solar Center, N.C. State University and the Interstate Renewable Energy Council, Inc. disclaim all liability of any kind arising out of your use or misuse of the information contained or referenced on DSIRE Web pages.

Copyright 2013 - 2014 North Carolina State University, under NREL Subcontract No. XEU-0-99515-01. Permission granted only for personal or educational use, or for use by or on behalf of the U.S. government. North Carolina State University prohibits the unauthorized display, reproduction, sale, and/or distribution of all or portions of the content of the Database of State Incentives for Renewables and Efficiency (DSIRE) without prior, written consent.