Solar Massachusetts Renewable Target Program Summary

Solar Massachusetts Renewable Target (SMART) is a tariff-based incentive program that replaces SREC II. It aims to offer long-term, stable incentive rates to double the state’s solar capacity installed to 3,200 MW. The program began with a price-setting auction from November 2017 – January 2018, but is currently paused while awaiting final approval from the Department of Public Utilities (DPU). It is expected to reopen after May 2018 (exact date not finalized), when it will apply to all new projects, but will not change existing SREC I or II agreements.


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