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Can You Still be Eligible for the Treasury's Renewable Energy Cash Grant in 2012?
Yes... Here's How
For a commercial business owner deciding to install a solar system, the 30% Federal Treasury 1603 renewable energy cash grant is a huge incentive to shortening a system's payback period. But this grant is set to expire December 31, 2011.
Does this mean business owners are out of luck if they don't have a system fully installed and operational by then?
Luckily...No!
That's where the 5% Safe Harbor Provision comes in. A system only needs to qualify as 5% "in progress" or "under construction" by December 31, 2011 and it will still qualify for the full 30% cash grant.
Guidelines for meeting these requirements are summarized on the US Treasury's website. For an accurate financial analysis regarding your own businesses unique situation and to still be able to take advantage of this cash grant, Contact the team at Beaumont Solar (508-990-1701) and we'll show you how to make it happen. |
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CONGRATULATIONS!
To The Latest Massachusetts Businesses Who Will Now
Save with Solar
(click image for further details)
Clarke Distribution
Milford, MA
460.80kW system
2,304 Solyndra panels
Soon to be commissioned as a 100% "grid-free" facility
Production: 572,079kWhrs / yr
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First Commercial Installation in Middleborough Gas & Electric's Territory
Island Terrace Nursing Home
Lakeville, MA
41.4kW system
180 Mage panels
Commissioned: June, 2011
Production: 47,687kWhrs / yr
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Block 7 State Rebates Now Open!
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Block 7 of the Massachusetts Clean Energy Center's Commonwealth Solar II residential rebate program has officially opened (click for details). Beaumont Solar has extensive experience in obtaining rebates for our customers through the MassCEC's programs.
Contact us at 508-990-1701 for a solar assessment to see how solar energy can not only save you money, but make you money at the same time.
Combining thousands of dollars worth of rebate savings with our solar financing options and the revenue a solar system generates for you, makes owning a solar system less expensive than what you're already paying out to the utility company every month. |
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The State's Solar Industry is "Turbo Charged"
Business is booming within the Massachusetts solar industry as news of its benefits to consumers and the environment spreads throughout the Commonwealth. Massachusetts had just over 45MW of solar installed by the the end of 2010, with upwards of 60MW more under contract. 
Helping to fuel this growth are the state rebates, tax incentives and marketable solar renewable energy credits (SRECs) that are selling at phenomenal levels.
"What it's done is made this solar energy hit the turbo charge," says Phil Cavallo, President & CEO of New Bedford's Beaumont Solar. "We've seen payback periods of two years or less in certain customer scenarios."
Environmental benefits are not the only plus side to solar energy though. Increases in solar installations fuel job growth, arguably more than any other industry today. It takes manpower to meet the consumer demand for solar, a point Beaumont Solar has seen first-hand.
Beaumont's staff, including its sign business, has grown from 13 employees in 2008 to 35 today as the size of its projects and reach grow. "We've expanded our workforce and taken on additional projects and geographies that we originally didn't envision being part of," said Cavallo. "What we're looking at now are projects that are all over Massachusetts."
Click here to read the entire story from the New England Business Bulletin.
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Precise Packaging Embodies Renewable Energy at Their Fall River Facility
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The installation is in full swing at Precise Packaging's warehouse facility in Fall River. The 278.88kW system was designed and being installed by Beaumont Solar utilizing revolutionary Solyndra technology. |
Precise Packaging makes considering the environmental impacts of their business processes a major focus and concern within their company's manufacturing operations. One such area of focus is their utility consumption and resulting carbon footprint, which is why they have contracted New Bedford-based Beaumont Solar to fully design and install the 278.88kW renewable energy solar system that Beaumont is now installing on the roof of Precise's warehouse facility building in the Fall River industrial park.
When asked how it feels to see all 1408 solar panels arrive, be hoisted to the roof and start to be installed, Richard Armstrong, Owner & President of Precise Packaging commented that they are very excited about their new solar system and the Solyndra technology that works in combination with their new white roof. Harnessing the power of the sun further fortifies the company's passion for operating their business in an environmentally friendly manner. With completion slated for the latter half of August, the system will produce an estimated 345,800 kWh annually, reducing Precise's grid-electric consumption by 30% Founded in 1988 as a single building "Brown-field Project", Precise's commitment to business growth through world-renowned quality, knowledge and sustainability through renewable energy and recycling has developed a company with 4 additional subsidiaries, one adjacent to their facility in the Fall River industrial park and 3 European subsidiaries. Precise's core business is in manufacturing specialized filling and dispensing containers of aerosols and liquids for major companies such as L'Oreal, Unilever, Avon and others within the health care, personal care, and pharmaceutical industries. For continuous progress photos on this and other installations, visit our Project Photos page. |
 DOER Makes Move to Keep Mass. SREC Values Trading High
The Department of Energy Resources (DOER) has announced a forward schedule that in essence, will eliminate the confusion and uncertainty of future expected SREC values.
The chart below shows the DOER will leave the Alternative Compliance Payment (ACP) rate at its current level through 2013, and then lower the rate by 5% per year thereafter, always maintaining a 10 year forward schedule by, for example, announcing the ACP rate for 2022 in January of 2012, the ACP rate for 2023 in January of 2013, and so forth.
The ACP Rate is the rate the utilities must pay for a determined amount of energy that must be generated by solar under what is known as the Renewable Portfolio Standards Solar-Carve Out. You can also click here for further information on Massachusetts RPS Solar Carve-Out.
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Utility rates affect everyone, and Beaumont Solar is committed to providing energy savings to the region in a manner that preserves the environment and utilizing the most technologically advanced and efficient solar systems. For more information on how cost-effective solar would be for your home or business, contact us or visit us on the web at www.beaumontsolarco.com
Cheers,
Phil
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Phillip Cavallo
President & CEO
Beaumont Solar Co.
200 North Street
New Bedford, Ma. 02740
508-990-1701 office
508-685-8023 cell
508-993-3230 fax
www.beaumontsolarco.com
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