Massachusetts

BlueWave was born in Massachusetts, and we’re proud to operate in a state with an ambitious solar agenda and numerous clean energy incentives.

In Massachusetts, we offer two distinct loan products:

Massachusetts Home Solar Loan
BlueWave Home Solar Loan

Read about each option below to decide what works best for you.

Option 1: Massachusetts Solar Loan

For income-qualifying customers, the state offers direct subsidies to buy down your loan interest rate through a public solar loan program from the Massachusetts Clean Energy Center (MassCEC).

Seamless sign-up: Once you’ve been approved for the MassCEC program, we make it simple to sign up for your loan through our secure Solar Management Platform. With qualified credit and a Technical Confirmation from MassCEC, you’ll get quick online approval.

Low, fixed payments—no closing fees: We offer 10-year home solar loans, up to $60,000, at a fixed payment rate.

No early repayment penalty: While your system is being installed, you’ll only pay interest on 35% of your total loan. Once it’s operating, you’ll begin paying the principal plus interest—and with Federal and state tax credits, you can pay down your loan, faster, with no penalties.

Call us to learn about how you can sign up for the Massachusetts Solar Loan with BlueWave.

Option 2: BlueWave Home Solar Loan

BlueWave also offers our own loan product for customers in MA to ensure we can help you go solar even if state programs, like the MA Home Solar Loan, change over time.

  • Seamless and secure financing: It’s easy to sign up for your loan—with qualified credit, you’ll get quick online approval.
  • Innovative payment options: We offer FixRate loans for steady payment amounts and FlexRate loans for lower payments in your first five years.
  • No early repayment penalty: You can buy down your principal at any time without penalty– apply the federal Investment Tax Credit (ITC), cash, or other state incentives toward your loan.
  • Interest only period: We offer interest only periods of up to 18 months allowing you flexibility in your loan payment.
  • Financing expertise: With our policy and financing expertise, we’ll help you make the most of local, state, and federal clean energy credits and incentives (like the ITC).

Call us to learn about how you can sign up for our Home Solar Loan in Massachusetts.

Solar + Storage

Finance more than panels with BlueWave.

When installing solar for your roof, you have the option of adding a home storage system so that you can save the energy you generate for future use– with or without sunshine!

Talk to your home solar installer about adding battery storage to your installation to maximize your investment in solar.

Rooftop + Community Solar

Want to go “AllBlue” with BlueWave? You can add a Community Solar subscription to your home solar installation to cover any additional electricity needs with fresh, local solar.

Visit our Community Solar page to learn if AllBlue works for you or talk to your installer to learn more about adding Community Solar to your home solar installation.

Save more with SRECs.

As your rooftop solar system generates clean electricity, it’s also producing Solar Renewable Energy Certificates (SRECs). SRECS are the way that energy suppliers in Massachusetts purchase renewable energy to ensure they meet their mandates for percent of energy production from renewables.

In Massachusetts, utilities and large energy suppliers are required to have a certain percentage of their power generated from renewable sources. To meet these requirements, suppliers can purchase SRECs on the open market, like the ones your system will generate.

When you sign your home solar loan agreement with BlueWave, we’ll act as your SREC manager to ensure the sale of—and payment for—your SRECs.

Learn more about saving with SRECs.

Are you a solar installer in Massachusetts? We want to partner with you! 

BlueWave’s proprietary software platform delivers innovative, high-value products and services to its partners and customers, enabling communities and consumers to choose local, low-cost renewable power.

Talk to us about how we can work together to bring your customers affordable solar.