Step 3. How do I estimate my rebate and project savings?

Commercial Rebate Estimator

Commercial Financial Model

Rebates are based on the size of the solar PV system.  To determine how large of a system you plan to install, you should contact an installer.  However, you can estimate the size system you will need based on the following:

  1. Check your electricity bill for the electricity usage kWh. 
  2. Estimate this over the course of one year.
  1. Estimate your available roof space or land area for the PV system.  A 1 kW system needs approximately 100 sq. ft.  A 10,000 sq. ft. roof could potentially hold a 100 kW system.
  2. Click on the “Commercial Rebate Estimator” top right to calculate your rebate

Commercial Rebates – For Commercial Projects Only

Rebates for a commercial project will be capped at the lesser of:

The current rebate levels are:


Commercial Rebates for Incremental Capacity ($ per watt (dc))

Incremental Capacity

First:
1 to 25 kW

Next:
> 25 to 100 kW

Next:
> 100 kW to 200 kW

 

Base Incentive

$2.00

$1.70

$1.00

 

PLUS: Additions to Base

Massachusetts Company Components Adder

$0.15

$0.15

$0.15

 

Public Building or Affordable Housing Adder

$0.75

$0.75

$0.75

 

Green Schools Adder

$2.15

N/A

N/A

 

Some things to do before contacting an installer (from Solar Boston):

Other Available Incentives – Please consult the Database of State Incentives for Renewable & Efficiency www.dsireusa.org to find information on other incentive programs

Commercial Rebate Estimator

Commercial Financial Model