New York State Solar Power Rebate

New york residential solar tax credit.

New york state solar power rebate.

A similar tax credit is available at the state level for systems up to 25 kilowatts in capacity. The credit is equal to 25 of your qualified solar energy system equipment expenditures and is limited to 5 000. With offices in hicksville farmingdale and ronkonkoma we are your local solar professionals. Incentives are provided directly to your selected contractor and vary throughout the state.

Detailed information on available incentives and loans for residential customers going solar. The state offers a balanced mix of good solar incentives and relatively high electricity prices that makes home solar in new york a very attractive financial investment. Ny sun is an umbrella program for a number of solar industry support mechanisms in new york state including but not limited to the megawatt block incentive structure. Hopefully new york s leaders will continue their fine work and keep incentive programs and good laws alive for homeowners who want to go solar.

The final word of new york solar incentives and policy. The solar energy system equipment credit is not refundable. When it comes to home solar panels new york has long been one of the best places in the country. If your property isn t ideal for solar panels or you are not a homeowner community solar may be right for you.

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. Thanks to rebates solar tax credits and exemptions new yorkers could earn back up to 40 on the up. New york state has a great solar rebate program under the new york state energy research and development authority nyserda ny sun program. Learn how you can benefit from new york s solar incentives rebates tax credits today.

Guidance on determining federal and or new york state tax credit eligibility. New york is a top 10 solar state 1 and for good reason. Trust the experts for a hassle free experience. As a part of its ambitious reforming the energy vision initiative 2 new york is making solar accessible to households across the empire state.

Other new york solar programs and incentives the ny sun initiative. New york solar solar power rebates and incentives rock. Ny state solar does more solar projects through the ny sun on bill recovery program than anyone else in new york state. Ny sun in conjunction with nypa also provides the backbone for the state s community solar and k solar programs.

Solar incentive and financing options. How much is the credit. The system must also be installed and used at your principal residence in new york state. For now the state earns its a grade with flying colors.

You will need to work with a nyserda approved participating contractor to find out if you are eligible for ny sun incentives.