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North Shore suburb with 42,600 residents, strong schools, and diverse neighborhoods from downtown to Beverly Farms estates. National Grid territory at $0.32/kWh. SMART 3.0 + ConnectedSolutions make Beverly an excellent solar market.
National Grid territory • SMART 3.0 • ConnectedSolutions eligible • North Shore
2026 Reality: The 30% federal tax credit (Section 25D) expired for homeowners December 31, 2025. All costs in this guide reflect $0 federal credit. Full details
An 11.5 kW solar system in Beverly costs $34,500-$38,525 in 2026. In National Grid territory at $0.32/kWh, with SMART income of ~$414/yr and full retail net metering, the investment pays for itself in 7.5-9 years and generates ~$120,000 in savings over 25 years.
Cost Range
$3.00-$3.35/W
Fully installed
Avg System
11.5 kW
Beverly average
Payback
7.5-9 yrs
Cash purchase
25-Year Savings
~$120K
Estimated total value
Beverly is a diverse North Shore city with ~42,600 residents. The city ranges from the dense downtown core near the commuter rail to the affluent Beverly Farms and Prides Crossing neighborhoods along the coast. Strong schools, commuter rail access, and varied housing stock make Beverly one of the North Shore's most active solar markets.
Population
~42,600
Median Home Value
~$550,000
Primary Utility
National Grid
Electric Rate
$0.32/kWh
Typical System Size
10-14 kW
Solar Irradiance
4.2 kWh/m²/day
Costs for different system sizes in Beverly at $3.00-3.35/W. Beverly homes range from condos near downtown (7 kW) to large Beverly Farms estates (14-17+ kW).
| System Size | Low Cost | High Cost | SMART 3.0 | Best For |
|---|---|---|---|---|
| 7 kW | $21,000 | $23,450 | ~$252/yr | Condo / smaller Cape |
| 9 kW | $27,000 | $30,150 | ~$324/yr | Mid-size colonial / ranch |
| 11.5 kW | $34,500 | $38,525 | ~$414/yr | Typical Beverly single-family |
| 14 kW | $42,000 | $46,900 | ~$504/yr | Large home / EV + battery |
| 17 kW | $51,000 | $56,950 | ~$612/yr | High usage / multi-zone HVAC |
Prices include equipment, labor, permits, and grid interconnection. No federal tax credit included (expired). $1,000 MA state tax credit not deducted.
Beverly's neighborhoods range from dense downtown streets to sprawling coastal estates. Here is what to expect for solar in each area.
Home Types
Large estates, colonials, custom homes
Avg System
13-18 kW
Affluent coastal area with large homes and high electricity bills. Excellent roof access on estate properties. Large systems make financial sense given high consumption. Some properties may have coastal salt-air exposure.
Home Types
Ranches, split-levels, newer construction
Avg System
10-13 kW
Residential area with newer housing stock, good roof conditions, and less tree canopy. Many 1960s-1980s homes with ideal south-facing roof angles. Standard installations with excellent solar access.
Home Types
Victorians, Colonials, multi-family
Avg System
8-11 kW
Denser downtown area with a mix of single and multi-family homes. Some older roof structures may need assessment. Beverly Cove has good sun exposure. Cabot Street commercial district driving EV adoption nearby.
Home Types
Colonials, Capes, Tudors
Avg System
10-12 kW
Established residential neighborhoods with mature trees. Some shading considerations in heavily wooded lots. Microinverters recommended for partial shade situations. Good solar potential on most properties.
Also in Beverly: Centerville, Beverly Commons, and the Route 62 corridor. All of Beverly is in National Grid territory with the same state incentives. Contact us for a site-specific assessment.
Beverly's Inspectional Services Department handles solar permits. The process typically takes 2-3 weeks. Beverly is generally efficient with residential solar permits.
Installer assesses roof condition, shade, orientation, and structure. Neighborhood-specific considerations identified early.
Application to Beverly Inspectional Services with electrical and structural plans. Standard residential solar permit process.
Typical installation 1-3 days. Electrical and building inspection by the City of Beverly.
National Grid approves grid connection. 2-4 weeks. Net metering activated. True-up in March.
Massachusetts offers one of the strongest solar incentive packages in the country. Here is what Beverly homeowners can stack.
$0.03/kWh for all electricity produced for 20 years. An 11.5 kW system generates ~$414/yr in SMART income.
~$414/yr
~$7,850 over 20 years
1:1 credit at full retail rate of $0.32/kWh. Credits roll over monthly. True-up in March.
~$3,751/yr
Annual electricity savings (11.5 kW)
National Grid demand response. Earn $225/kW summer + $50/kW winter for discharging your battery during peak events.
$2,750/yr
Typical 10 kW battery
15% of system cost, capped at $1,000. Claimed on your MA state tax return.
$1,000
One-time credit
Solar systems are exempt from the 6.25% MA sales tax. Immediate savings at purchase.
~$2,282
Savings on typical system
Solar-added value is exempt from property tax for 20 years. Beverly has a 1.082% residential tax rate.
~$395/yr
20-year exemption (~$7,900 total)
Note: SMART 3.0 adders can increase your income: +$0.04/kWh for battery storage, +$0.05/kWh for low-income households. Adders stack on top of the base rate.
Three ways to pay for solar in Beverly. PPAs offer $0 down because the third-party system owner claims the commercial Section 48 ITC. Solar loans at 5.5-8% APR through local lenders.
Upfront
~$34,500-$38,525
Monthly
$0
25-yr Savings
~$120K
Ownership
You own it
Best long-term ROI. 7.5-9 year payback. Full SMART income + net metering yours.
Upfront
$0 down
Monthly
~$235-330/mo (5.5-8% APR)
25-yr Savings
~$75-100K
Ownership
You own it
10-25 year terms. SMART income + net metering offset payments. Local credit unions and North Shore lenders offer competitive rates.
Upfront
$0
Monthly
Fixed ~$0.14-0.18/kWh
25-yr Savings
~$35-48K
Ownership
Third party owns
Third-party owner claims Section 48 ITC. You buy power at a discount. Immediate savings, no maintenance.
Section 25D (the 30% residential solar tax credit) expired December 31, 2025 under the OBBBA. Beverly homeowners buying cash or loan receive $0 in federal credit. However, third-party system owners (PPA/lease) can still claim the commercial Section 48/48E ITC -- which translates to lower PPA rates for you.
Read: What happened to the solar tax creditNot every Beverly home can install rooftop solar. Community solar lets you subscribe to a local solar farm and receive bill credits without any rooftop installation.
Savings
10-20%
On electricity bill
Upfront Cost
$0
No installation
Contract
Flexible
Cancel anytime
Subscribe to a local MA solar farm and receive credits on your National Grid bill. No credit check, no long-term commitment. Ideal for Beverly condos, multi-family homes, and properties with heavy tree shading.
How Beverly solar costs compare to neighboring North Shore communities. Most are in National Grid territory; Peabody and Danvers have municipal utilities with different economics.
| City/Town | Cost/W | Avg System | Utility | Notes |
|---|---|---|---|---|
| Beverly | $3.00-3.35 | 11.5 kW | National Grid | North Shore suburb, diverse neighborhoods |
| Gloucester | $3.00-3.40 | 11 kW | National Grid | Coastal port, marine-grade for waterfront |
| Salem | $3.05-3.40 | 10 kW | National Grid | Dense historic city, heritage overlays |
| Peabody | $2.95-3.30 | 11.5 kW | PMLP (muni) | $0.15/kWh muni rate, no SMART, longer payback |
| Danvers | $2.95-3.30 | 12 kW | DEMEC (muni) | $0.17/kWh muni rate, no SMART, longer payback |
Explore the complete library of Massachusetts solar guides, incentive programs, and local energy resources.
MA Solar Guide 2026
Complete guide to going solar in Massachusetts in 2026.
Solar Panel Cost in MA
Statewide cost breakdown: $2.80–$3.50/W by city and utility.
SMART Program Guide
$0.03/kWh for 20 years. How to enroll and maximize income.
Net Metering in MA
1:1 retail credit. Rules, caps, and how to lock in your rate.
Mass Save Heat Pump Rebates
Up to $10,000 back on heat pumps through Mass Save.
ConnectedSolutions Battery
Earn $275/kW summer demand response with Eversource.
Income-Eligible Programs
Free or deeply discounted upgrades for income-qualified homeowners.
Solar Financing Options
Cash, loan, and PPA compared for MA homeowners.
Solar panels in Beverly cost $3.00-3.35 per watt installed in 2026. A typical 11.5 kW system costs $34,500-$38,525. The federal Section 25D residential tax credit expired December 31, 2025 -- homeowners receive $0 in federal credit. Massachusetts state incentives (SMART 3.0, net metering, $1,000 state tax credit, and tax exemptions) still make solar very profitable in Beverly.
SMART 3.0 pays solar system owners $0.03/kWh for all electricity produced, locked in for 20 years. An 11.5 kW system in Beverly generates approximately $414/year in SMART income, totaling roughly $7,850 over the program. Low-income households qualify for $0.06/kWh (double rate). Battery storage adds $0.04/kWh on top.
Yes. Beverly Farms and Prides Crossing have large estate homes ideal for bigger systems (13-18 kW). North Beverly has newer construction with excellent roof conditions. Downtown and Beverly Cove are denser with some older housing stock. Montserrat and Ryal Side have established neighborhoods with mature trees that may cause partial shading. Your installer will assess your specific property regardless of neighborhood.
Yes. Beverly is in National Grid territory, which participates in ConnectedSolutions. A 10 kW battery earns $225/kW ($2,250) in summer and $50/kW ($500) in winter, totaling $2,750/year. Combined with the SMART battery adder (+$0.04/kWh), batteries can pay for themselves in 4-5 years in Beverly.
Yes. With National Grid rates at $0.32/kWh, SMART 3.0 income of ~$414/yr, net metering, ConnectedSolutions, and state tax exemptions, Beverly systems pay for themselves in 7.5-9 years. Over 25 years, a typical system saves approximately $120,000. Beverly's median home value (~$550K) makes the 20-year property tax exemption worth ~$395/year.
We'll assess your roof, neighborhood conditions, and National Grid rate to show exactly what solar costs and saves for your Beverly home -- including SMART 3.0 and ConnectedSolutions.
Complete hub for MA solar, heat pumps, and utility resources.
Read moreStatewide solar costs and city-by-city breakdown.
Read more$0.03/kWh for 20 years. How to enroll and earn.
Read moreEarn $225-$1,500/yr per battery. Demand response revenue.
Read more1:1 retail credit. Lock in before potential changes.
Read more5.5-8% APR through local lenders and credit unions.
Read more25D expired. What options remain for homeowners.
Read moreCompare utility rates, net metering, and solar economics.
Read moreTrack rate changes across MA utilities since 2020.
Read moreLive installation data, capacity trends, and market stats.
Read moreCurrent wait times, bottlenecks, and how to get connected faster.
Read morePricing: EnergySage Solar Marketplace (January 2026), NuWatt Energy North Shore installations.
Utility rates: National Grid residential rate schedule, effective February 2026.
SMART 3.0: MassDOER / MassCEC, SMART program guidelines PY2026.
ConnectedSolutions: National Grid demand response program rates, 2026 season.
Tax exemptions: MA Department of Revenue, Beverly Assessor data.