Own a solar system through your current electric bill.
New york state solar panel grants.
Next comes the new york solar tax credit of 25 of costs up to 5 000.
New york state is making solar energy more accessible to homes businesses and communities through ny sun.
New york s megawatt block incentive is a direct generous incentive for solar energy available under new york s ambitious ny sun initiative.
The second most important incentive for solar panel installations in new york is the state solar tax credit which allows you to potentially earn an extra 5 000 to put towards your taxes on top of the federal solar tax credit.
That reduces your cost after the first year to only 8 485.
If your home isn t ideal for solar panels or you can t install them on your property community solar may be right for you.
Community solar projects are an array of solar panels installed in a sunny offsite location.
It s simple and you get to own your system with 0 down.
Solar incentive and financing options.
You will need to work with a nyserda approved participating contractor to find out if you are eligible for ny sun incentives.
Ny sun has multiple resources to help new yorkers harness the power of the sun including.
Another set of early solar policies in new york were solar easements rights laws which protect a homeowner s right to install and generate electricity with solar panels without any external restrictions.
Detailed information on available incentives and loans for residential customers going solar.
The program provides an up front dollars per watt w rebate for both commercial and residential solar panel systems.
New york state offers a unique on bill payment plan for people looking to go solar.
Ny sun works directly with solar contractors and developers to offset the cost for new york residents to go solar.
The next round of major solar policies were enacted in a group during the late 1990s.
New york s residential solar tax credit is equal to 5 000 or 25 percent of the cost of your solar system whichever is less.
There are three main incentive programs that make going solar a sweet deal in new york.
The megawatt block incentive structure.
Incentives are provided directly to your selected contractor and vary throughout the state.
New york residential solar tax credit a similar tax credit is available at the state level for systems up to 25 kilowatts in capacity.
What are the best new york state solar incentives.
Our goal is to help make it possible for new yorkers to choose clean energy while lowering their energy costs.
After the tax credits we subtract your first year s energy savings which we estimate to be 1 483.
Many community solar projects are becoming available across the state.
Guidance on determining federal and or new york state tax credit eligibility.
