Financing/Tax Credits
30% Federal Tax Credit
15% (up to $1,000) Massachusetts Tax Credit
Learn more about the Massachusetts Tax credit, click
here.
15% (up to $1500) National Grid Rebate
(only applicable for gas customers)
Example
| Total Initial Cost | $7,500 |
| 30% Federal tax Credit | $2,250 |
| 15% Mass State Tax Credit | $1,000 |
| 15% National Grid Gas Customer Rebate(where applicable) | $1,125 |
| Final Cost after all Credits | $3,1245 |
| Payback | 6.25 Year Payback |
| Average Savings per year | $500 |
| Return on Investment | 17% |
RES Provides 3 month 0% term Installment Agreement for qualified customers
0% financing available through Mass Save – up to $15,000
(can include new efficient boiler)
Go to www.masssave.com to learn more.
