Electricity Rates in Massachusetts

Companies offering net metering in Massachusetts include Constellation Energy, National Grid, and Eversource Energy. The state of Massachusetts has highly favorable state level net metering regulations.

The average energy loss for providers in Massachusetts is 2.20%. This includes data from 17 companies, including Eversource Energy, Taunton Municipal Light, and Reading Municipal Light Department. The United States average for energy loss is 2.87%, which earns a rank of 9th best in the US for Massachusetts in this category.

When it comes to encouraging home installs of solar, one of the best uses of government resources is tax breaks and rebates for solar installs. Massachusetts offers a credit that is $1000 or less or there is no state tax. The state has no overarching rebate program, but local rebates are available to many residents who wish to install private solar at their residence. Fortunately, Massachusetts offers a 100% tax exemption to residents who wish to install solar panels. There is currently a 100% sales tax exemption in place for the install of solar panels at a home.

Whether a customer is able to easily find electricity options with renewable fuel types is at least somewhat determined by legislation at the state level. Renewable Portfolio Standards (RPS) encourage or require electricity suppliers to produce a percentage of their electricity using green energy. The state of Massachusetts makes it necessary for electric suppliers to generate between 16-24% of their electricity output from renewable fuel sources. Furthermore, low income solar programs are another way states encourage renewable fuel sources and Massachusetts is home to a program that does exactly that.