Do You Get Charged for Having Solar Panels?

No, there are no charges associated with the installation of solar panels; in fact, they contribute to a decrease in your energy expenses. By producing your own electricity, you can significantly reduce or even completely eliminate your dependence on the electrical grid. In Massachusetts, initiatives such as net metering enable you to receive credits for any surplus energy generated, which further diminishes your costs. Although there may be initial installation costs, incentives such as the federal Investment Tax Credit (ITC) and the Solar Massachusetts Renewable Target (SMART) program can help mitigate these expenses. By utilizing solar panels, you can avoid the impact of increasing utility rates and benefit from substantial long-term savings.