Full Title: ConnectedSolutions: The New Economics of Solar+Storage for Affordable Housing in Massachusetts
Author(s): Todd Olinsky-Paul, Seth Mullendore, Geoff Oxnam, Amy Simpkins, Dr. Travis Simpkins
Publisher(s): Clean Energy Group
Publication Date: February 11, 2021
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An analysis of multifamily affordable housing properties in Massachusetts finds that participation in the state’s new battery storage incentive program, called ConnectedSolutions, significantly improves the financial viability of battery storage projects paired with solar (solar+storage) at affordable housing developments. For the majority of properties evaluated, battery storage would not be an economical investment without the ConnectedSolutions program. This report represents the first independent, public analysis of the impact of ConnectedSolutions on the development of solar+storage systems for affordable housing properties.