Solar & Renewable Energy
Greener Homes & Businesses
About Solar Power in Peabody & South Lynnfield
Interested in installing Solar or other Renewable Energies on your property? PMLP has developed a Net Metering Policy to help the process go smoothly.
- What is Net Metering?
Net Metering is a process by which PMLP will install a special meter on your house that measures both the amount of energy PMLP delivers to you and the amount of energy that you deliver to PMLP (for times when you are generating more than your home is using). For energy that you deliver to PMLP, PMLP will provide you a bill credit as described in our Net Metering Policy (PDF).
- Which projects are eligible?
Any project that is owned or leased by the PMLP customer (Residential, Commercial, Industrial or Municipal) can be eligible under the Net Metering Policy. Lease or financing arrangements in which the solar company sells energy (kilowatt-hours) to the PMLP customer are not allowed.
- Do I have to purchase the entire system up front?
The Massachusetts Clean Energy Collaborative may be able to assist you with a low-interest loan to help you finance your system. Their website also has useful information on typical installation costs.
Have questions? More details can be found in our Net Metering Policy (PDF).
Of course, you are always more than welcome to call PMLP at 978-531-5975 to discuss, ask questions and get expert answers.
Greener Tips & Tricks
MA Clean Energy Center Solar Loans
Mass Solar Loans make it easy for Massachusetts residents to obtain low-interest loans to fund the installation of solar electricity systems for their homes.
There are power marketers that may contact you via mail, email, phone, internet or ads who claim that they will install a system on your property and then sell you your electricity at an attractive discounted rate. These systems are not allowed in Peabody and often come with a cost escalator that costs more than energy from PMLP.
If you have questions or concerns, feel free to take their information and give us a call at 978-531-5975.
Read more from the Better Business Bureau.