Continued growth in solar and storage deployment in Massachusetts can save ratepayers $313 million per year through 2030, found a study by Synapse Energy Economics and the Solar Energy Industries Association (SEIA).
The analysis comes as Massachusetts officials are considering legislation and policy changes to manage the energy affordability crisis. Massachusetts has among the highest electricity rates in the United States.
The report finds that if Massachusetts meets its solar and storage deployment targets set by the SMART 3.0 incentive program, ratepayers can save $313 million per year by 2030. State policy targets roughly 3.5 GW of solar added by 2030. Across the greater New England benefits reach $684 million, said the report…