Mass. electric company receives $2.3M in federal tax credits for Ludlow solar project
The Massachusetts Municipal Wholesale Electric Company (MMWEC) received $2.34 million in federal tax credits under the Inflation Reduction Act for the Master Sergeant Alexander Cotton Memorial Solar Project in Ludlow. The 6.9 megawatt solar array, officially energized in 2023, aims to reduce electricity costs for its six municipal utility participants and their communities. MMWEC officials emphasized the project's success in demonstrating the strengths and benefits of public power. The funds will help eliminate years of debt service costs, making clean energy more affordable and accessible.