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North Reading residents pay $0.17/kWh with Reading Municipal Light Department. Go solar and save an estimated $59,502 over 25 years.
Reading Municipal Light Department
Your Project, Our Responsibility — NuWatt installs directly in North Reading. No subcontractors, no lead sharing.
Based on 8kW system at Reading Municipal Light Department rates
System Cost
$26,160
Massachusetts Incentive
-$320
Net Cost
$25,840
Payback Period
15.8 years
Annual Savings
$1,632
25-Year Savings
$59,502
North Reading, Massachusetts residents are served by Reading Municipal Light Department, which charges $0.17 per kWh for residential electricity. This is 1% above the national average of $0.168/kWh. At this rate, a typical household using 900 kWh per month spends approximately $1,836 per year on electricity—money that could be going toward building equity in a solar system instead.
An 8 kW solar system in North Reading can offset most or all of a typical home’s electricity usage, saving approximately $1,632 per year. Over the 25-year lifespan of the system, that adds up to $59,502 in total savings. With Massachusetts state incentives of $320, the net system cost drops to $25,840, resulting in a payback period of just 15.8 years.
As a municipal utility, Reading Municipal Light Department sets its own rates and rebate programs independently, separate from Mass Save and ConnectedSolutions. Net metering is available, meaning excess solar energy you produce earns bill credits from Reading Municipal Light Department. The utility offers a solar rebate of $0.60 per watt up to $12,000. Heat pump rebates of up to $8,000 are also available for North Reading homeowners.
The federal residential solar tax credit (Section 25D) expired at the end of 2025, making state and utility incentives more important than ever. NuWatt Energy installs solar panels, heat pumps, EV chargers, and battery storage directly in North Reading—no subcontractors or lead-selling middlemen. We handle every step from system design through Reading Municipal Light Department interconnection.
municipal · $0.17/kWh
Solar Rebate
$0.60/W
Max $12,000
Heat Pump
$8,000
EV Charger
$750
Battery Storage
$1,200
Net Metering
Available
Demand Response
Available
Additional Programs
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