Massachusetts SMART 3.0 Regulations Chart a Path for Renewable Energy Growth

Strategic Insights -

The Solar Energy Industries Association, the Alliance for the Climate Transition, and the Coalition for Community Solar Access have applauded the Massachusetts Department of Energy Resources' (DOER) release of final SMART 3.0 regulations, a move that aims to support the growth of renewable energy in the state. The regulations, announced by Governor Maura Healey, aim to protect ratepayers, support local jobs, and meet the state's growing electricity demand.

Key Takeaways:

  • The SMART 3.0 regulations were released by the Massachusetts Department of Energy Resources (DOER) to support the growth of renewable energy in the state.
  • The regulations are designed to protect ratepayers, support local jobs, and meet the state's growing electricity demand.
  • The updated program builds on a proven track record while making needed improvements to respond to market conditions on an annual basis.
  • The regulations aim to better serve low-income customers and improve consumer confidence in solar energy.
  • Experts believe that the SMART 3.0 rules will be critical for driving down energy costs for families and creating good jobs in the solar and storage industry.

Statistics:

  • Massachusetts has set a goal to reach 40% of its greenhouse gas reduction targets by 2030 through clean energy policies.
  • The Solar Energy Industries Association (SEIA) has over 1,200 member companies, representing the solar and solar + storage industries.
  • The Alliance for the Climate Transition (ACT) leads the just, equitable, and rapid transition to a clean energy future and a diverse climate economy.
  • The Coalition for Community Solar Access (CCSA) has over 125 community solar developers, businesses, and nonprofits as members.

Sources:

  • Solar Energy Industries Association (SEIA)
  • Alliance for the Climate Transition (ACT)
  • Coalition for Community Solar Access (CCSA)
  • Maureen Fahy, “Massachusetts Department of Energy Resources Announces Revised SMART Program”, Renewable Energy Magazine, August 29, 2023