Massachusetts has made significant strides in enhancing its energy grid, which could lead to benefits for customers and an increase in solar energy deployment. Utilities and regulators in the state have established a cost-sharing model that has the potential to unlock hundreds of megawatts of clean energy.
The new initiative, termed “Capital Investment Projects,” allows utilities to cover the upfront costs of necessary grid upgrades. These costs can then be shared between customers and solar developers. This innovative approach is already facilitating the advancement of projects that were previously hindered by interconnection costs exceeding six figures.
By implementing this model, Massachusetts aims to make solar energy more accessible and affordable, ultimately benefiting both consumers and the environment.
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