Is Solar Worth It in Boston, MA?
A data-driven analysis based on Boston's electricity rates, sun exposure, and available incentives.
Yes, Solar Is Worth It in Boston
With a 4-year payback and 765% ROI, solar is an excellent investment in Boston.
4 years
Payback Period
$75,772
25-Year Savings
765%
Return on Investment
$9,900
Net System Cost
$205
Monthly Savings
$2,460
Annual Savings
6 kW
System Size
$720
Home Value Boost
Why Solar Works in Boston
- +High electricity rates (29¢/kWh) mean bigger savings
- +15% state tax credit stacks with federal 30% credit
- +Full net metering — get retail credit for excess energy
- +SRECs available — earn additional income from solar production
- +3 incentive programs available in Massachusetts
- +Estimated $720 increase in home value
- +30% federal tax credit reduces upfront cost significantly
- +Protection against future electricity rate increases (avg 3%/year)
Considerations
- -Above-average installation costs ($3/W) in Massachusetts
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