Solar Energy Incentives Nyc
The new york state energy research and development authority nyserda offers incentives for the installation of solar water heating systems for residential commercial agricultural governmental and not for profit institutional customers of the state s major investor owned utilities.
Solar energy incentives nyc. As the solar capacity of a particular region rises the amount that homeowners are eligible to receive declines until the incentive phased out altogether. The system must also be installed and used at your principal residence in new york state. Thanks to rebates solar tax credits and exemptions new yorkers could earn back up to 40 on the up. New york is a top 10 solar state 1 and for good reason.
Nyserda offers objective information and analysis innovative programs technical expertise and support to help new yorkers increase energy efficiency save money use renewable energy and reduce reliance on fossil fuels. New york s megawatt block incentive is a direct generous incentive for solar energy available under new york s ambitious ny sun initiative. Ny sun works directly with solar contractors and developers to offset the cost for new york residents to go solar. Learn how you can benefit from new york s solar incentives rebates tax credits today.
As a part of its ambitious reforming the energy vision initiative 2 new york is making solar accessible to households across the empire state. Modeled on a similar program in california new york s megawatt block incentive offers funding on a per watt basis to homeowners who install solar energy systems. Ny sun makes going solar easier and more affordable for new york residents. The program provides an up front dollars per watt w rebate for both commercial and residential solar panel systems.