Friday, January 3, 2025

Boston Globe: "Massachusetts shifts gears: New Mass Save plan targets rental units for green upgrades"

"Now, a new, three-year plan from Mass Save is poised to change that. The state program is funded by ratepayers through a surcharge on their gas and electric bills, and every three years, it releases a new plan that governs how much it will spend and what kind of incentives it will offer. The latest iteration increases funding for energy efficiency by 25 percent, to $5 billion over three years. 


The new Mass Save plan, which is under review by the state Department of Public Utilities and expected to be finalized early this year, includes incentives for owners of rental units in 21 so-called designated equity communities, which have high percentages of renters and low- and moderate-income residents. Those include Boston, Worcester, Springfield, and Fall River.

New rules would cover the entire costs of weatherization, such as adding insulation or sealing windows to keep in heat, instead of providing only partial reimbursements, as long as at least half the building is rental units. For those buildings, Mass Save will also address legacy issues including the presence of asbestos or knob-and-tube wiring."
Continue reading the Boston Globe article (subscription maybe required)

No comments:

Post a Comment