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About Solar Savings

Informed Customers Are Happy Customers

BlueSel Commercial Solar Financial Savings Information

Fundamentals of Savings

A solar energy investment is the first step to replacing some or all of your current electricity purchases. While replacing the ever increasing utility costs, a solar energy system also provides other financial benefits impacting your bottom line. Click to learn more.

BlueSel Commercial Solar Massachusetts Incentives

Incentives & SMART Program

Massachusetts has been a U.S. leader in adopting solar energy at residential and commercial levels. In an effort to stay up to date with market changes and maintain the economic advantages of solar power, new incentives are set beginning in 2018. Click for more details.

You may be interested in Rhode Island incentives:

BlueSel Commercial Solar Rhode Island Incentives

RI Incentives & REF/REG Programs

Rhode Island offers two popular programs. As a business owner, you may select to participate either in the Renewable Energy Fund Program or the Renewable Energy Growth Program. Click to visit the page and to see more about each program.

Fundamentals of Savings

When you install a solar power system you become your own electric utility provider for a portion of power you require. The energy you generate and use is no longer purchased. In many instances, the excess energy you produce is sold back to the electric utility. Businesses and organizations that go solar have more control than ever over their energy costs in this way. The solar savings benefits include the following:

BlueSel Commercial Solar utility savings illustration

Monthly Utility Savings

Illustrative Example From a Commercial Customer
(Click to see larger image)

Reducing Your Monthly Energy Expense

The electricity your solar system generates is no longer purchased from the utility grid. Depending on the size and efficiency of your solar system, these savings can be substantial.
  • Direct savings on monthly electric bills — Energy no longer purchased
  • Additional savings from excess energy sold back to the electric utility (Net Metering)
  • Increased savings over time — Electric utility costs increase by 3% average/year
  • Potential additional utility savings with an integrated battery storage system
After solar energy installation cumulative cash flow illustration

Illustrative Example From a Commercial Customer
(Click to see larger image)

Cumulative Positive Cash Flow

Beyond the savings on your monthly electric utility bills, solar energy systems continue providing a substantial positive cash flow for years after the system cost pay-back has been achieved. Solar system component costs have recently dropped dramatically. It is now very common for commercial businesses and organizations to achieve their system pay-back in less than 5 years.

For the rest of the productive years of the system — projected to be more than 25 years for quality equipment – the cost of this electricity is nearly zero. This savings is monetized as a Cumulative Positive Cash Flow of many times the initial system cost.

Incentives & SMART Program

For over a decade the solar energy industry has been booming in Massachusetts. The Solar Massachusetts Renewable Target (SMART) Program is the third generation approach to policy to adjust to the changing solar landscape.

BlueSel Commercial Solar define Massachusetts SMART program

SMART Highlights

  1. New incentives to take effect in 2018
  1. Establishes predictable, constant incentive value over a 10 or 20 year period
  1. The largest incentives are at the beginning of the program
  1. Larger solar systems have more incentive value
  1. Added incentives promote alternative designs and emerging solar technologies

SMART Program Details

The Massachusetts Department of Energy Resources (DOER) designed the SMART program to provide more long-term revenue certainty and remove value fluctuation for solar system owners.  To do this, the program provides a single compensation rate that reflects what was previously both the energy value and the incentive value. Total costs of the SMART Program can be predicted and tracked more accurately than in the past.

2018

The year the SMART program benefits replace the existing multiple incentives.

1,600 MW

The current limit to installed capacity covered by the SMART program is set at 1,600 MW. The goal is to approximately double the existing Massachusetts installed capacity soon.

8 Blocks of 200 MW
The new program will offer incentives for 1,600 MagaWatts (MW) of qualifying Solar Power projects in 8 blocks of 200 MWs.
Decreasing Incentives
It is predicted that incentive value for each of the 7 successive blocks after the program starts will drop by approximately 4%. The policy makers anticipate this will follow the steadily declining prices of solar energy system components.
Massachusetts solar SMART program incentives over time

Declining Incentive Rates

(Click to see larger image)

10 to 20 Years

The SMART incentives establish a payment value at the time of system interconnection that remains constant over a 10 or 20 year period. This eliminates the uncertainty of the incentive value of prior SREC programs. Knowing the incentive value in advance makes it easier for solar customers to determine the cost and payoff time frame for their system.

Solar systems rated above 25 kW and above are eligible for the 20 year payout. At or below 25 kW solar systems are eligible for the 10 year payout.

Larger Systems Realize Larger Incentives

The incentives are most generous for solar energy systems below 1 MW. In general, larger systems realize larger incentives since the incentive amount is based on the amount of produced electricity. If your business or organization may be a candidate for a solar energy system larger than 1 MW, let us show you how a larger system can still return your investment as quickly as a smaller system.

Special SMART Program Adders

Additional policy objectives have been set that increase the incentive by a specific amount ($/kWh). These “adders” are intended to encourage solary energy system designs using certain new technologies and that will generally be more productive in property use. These incentives are also projected to decline with each of the 7 successive blocks of 20 MW within the program. Some examples of the adders to enhance solar savings include the following:

  • Solar systems on canopies (over parking areas or as shade structures)
  • Solar systems on rooftops (commercial businesses and organizations)
  • Solar systems with integrated battery storage
  • Solar systems over otherwise unusable property (such as landfill or brownfield properties)

We Support Customers in Many Industries

Where do you fit and how can we help?

BlueSel Commercial Solar hospitality project example

Hospitality

BlueSel Commercial Solar understands the unique energy requirements for lodging and hospitality. Let us show you how solar works for your location whether a year round or a seasonal location.

Industry

Commercial solar is a bankable way for business, large or small, to get control of rising energy costs. Let us show you how to you can turn solar savings into a benefit for your core business.

BlueSel Commercial Solar customer Eagle Hill School Hardwick Massachusetts photo 2

Non-Profit

BlueSel addresses the distinctive financial needs of non-profit organizations. Variable budgets require precise and efficient designs, and specific financing. Let us show you how to save with solar.

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More About BlueSel Solar

BlueSel Commercial Solar, Inc. is a locally owned solar energy system installation company with offices in Woburn and Sandwich, Massachusetts. It is co-owned by Wally Cole of Arlington, MA and Michael Tanghe of Hyannis, MA. Mike and Wally are also co-founders of BlueSel Home Solar Inc. Together, these two companies have installed over 550 solar installations with over 5.5 megawatts of solar energy system capacity.

BlueSel Solar was the first SunPower® Master Dealer in Massachusetts. The SunPower Master Dealer program is a “by invitation only”. Out of the 1,200 SunPower dealers around the world, only 21 have been invited to become Master Dealers. SunPower awards the title of Master for outstanding customer service and providing first-class installations.

Our construction process begins with a pre-construction planning meeting led by our EPC project manager and involving your on-site project representative and any other subcontractors who will manage on-site work. This meeting educates everyone on the installation and the construction steps in the process. In our experience, this team is able to develop the best plan to efficiently receive and locate materials and work in the construction site with the lowest impact to your business operations. It also establishes the personal connections to quickly solve problems and make optimal decision during the construction process.

For all of our work, we provide a 5 year workmanship warranty and act as your one-stop contact for the equipment warranties for your installed system. Our construction phase completes with documentation and training on the operation of the system, the maintenance schedule, and contact information for issue resolution. We also offer monitoring services that can identify system performance issues and keep your system running at optimal productive capacity.

Our project manager can acquire all the equipment and materials to implement the design and would work with you to fully manage the logistics of delivering and storing them onsite to minimize any disruption to your normal business operations.

Another important aspect of procurement is our proven ability to manage all the required permits for construction as well as all the required paperwork and interactions with the local utility for grid-connection authorization and PTO (permission to operate). We can also manage the application forms and processes for any incentive programs and credits the system is eligible for. Simply put – our system design includes everything needed to build your system, meet all requirements AND take advantage of all the incentives and credits you are due.

Our engineering begins with the first conversation to understand your electricity requirements, history and project goals. We survey the site and evaluate the total solar power potential and work with you to review the options for all potential solar installations – including the roofs of existing buildings as well as the possible options for Solar Systems over parking areas and unshaded land that might be used for ground-mount systems.

The cost, financing, payback period, and system lifetime ROI are reviewed for each option and the quality equipment included in our designs is always selected meet your budget and optimize the return on your financial investment.

Our engineering plans are fully certified by our engineering partner company – ARC DESIGN – to meet all structural and electrical requirements and qualify fully for current federal and state incentive programs.

More About BlueSel Solar

BlueSel Commercial Solar, Inc. is a locally owned solar energy system installation company with offices in Woburn and Sandwich, Massachusetts. It is co-owned by Wally Cole of Arlington, MA and Michael Tanghe of Hyannis, MA. Mike and Wally are also co-founders of BlueSel Home Solar Inc. Together, these two companies have installed over 550 solar installations with over 5.5 megawatts of solar energy system capacity.

BlueSel Solar was the first SunPower® Master Dealer in Massachusetts. The SunPower Master Dealer program is a “by invitation only”. Out of the 1,200 SunPower dealers around the world, only 21 have been invited to become Master Dealers. SunPower awards the title of Master for outstanding customer service and providing first-class installations.