Massachusetts extends solar incentive program

The Massachusetts Department of Energy Resources (DOER) recently announced plans to extend the state’s Solar Renewable Energy Credit (SREC 2) program until it finalizes a long-term replacement program.

Sine the launch of the SREC 2 program, Massachusetts has developed over 1,600 megawatts (MW) of solar energy.

Following the announcement, various area businesses, solar associations, non-profits and other supporters expressed their support of the decision.

“Over the years, Massachusetts has done a marvelous job encouraging an emerging solar industry, creating thousands of jobs, and helping to put clean energy resources into the hands of mainstream people and local businesses,” Bill Stillinger, president of the Solar Energy Association of New England, said. “The SREC extension announced today avoids a major market disruption and continues our state’s progress toward a clean energy future.”

Solar advocates also emphasized the need for state lawmakers to raise the state’s net metering caps. There are currently waiting lists for net metering cap allocation in two utility service territories.

“The solar industry applauds Massachusetts Governor Baker and the Department of Energy Resources, led by Commissioner Judith Judson, for their efforts to extend the Solar Renewable Energy Credit 2 program,” Sean Gallagher, vice president of state affairs at the Solar Energy Industries Association, said. “With this extension now on the books, we are asking the Baker Administration and lawmakers to support an increase to the Commonwealth’s net metering caps. We look forward to working with the Legislature and the Governor to enact legislation raising the caps this year.”