Solar in the News
The current, wide-ranging benefits to using solar energy increase significantly when paired with an electric vehicle (EV). Harnessing the sun to power your vehicle saves you money, benefits the electric grid, and provides backup power to your home in the future.
There are five ways your EV could be solar powered:
696 Projects
$30,300,000 in loans
$114,705,006 in grants
EV owners are more likely to add solar panels to their homes, according to a new US Department of Energy’s National Renewable Energy Laboratory (NREL) study – here’s why.
And conversely, owning photovoltaic panels also has a bearing on whether a homeowner buys an electric vehicle, but not as strongly.
Solar Installed (MW): 4,376
National Ranking: 11th (15th in 2022)
Enough Solar Installed to Power:
777,005 homes
Percentage of State's Electricity from Solar: 24.48%
Prices have fallen
42% over the last 10 years
Number Of Installations: 147,364
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A tax credit is a dollar-for-dollar reduction in the amount of income tax you would otherwise owe. For example, claiming a $1,000 federal tax credit reduces your federal income taxes due by $1,000. The federal tax credit is sometimes referred to as an Investment Tax Credit, or ITC, though is different from the ITC offered to businesses that own solar systems.
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Nation added 217 gigawatts of solar and 76 of wind last year
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China accounted for more than half of global additions: BNEF
Ratepayers in eastern Massachusetts would see their electricity costs rise from about 18 cents per kilowatt hour to 26 cents per kilowatt hour, while those in the western part of the state would see the rate change from 15 cents per kilowatt-hour to 22 cents per kilowatt-hour.
If these rates are approved, beginning Jan. 1, the average consumer who uses 600 kilowatts of power per month would see their bills go up $47 in the eastern part of the state and $39 per month in the western part of the state.