Income-Based Loan Support Encourages Solar For All

The Mass Solar Loan program and especially a feature called Income-Based Loan Support (IBLS) makes solar more affordable to Massachusetts residents by paying off a percentage of the loan.  To qualify, you must meet income guidelines based on your household size.  The loan program is the successor to the Commonwealth Solar II rebate program which provided a cash incentive to solar projects.  Cash rebates provide more benefit to affluent residents while the loan program and income-based loan support would promote solar within lower and middle-income homeowners. Income-Based Loan Support is an innovative feature of the Massachusetts Solar Loan program and… read more →