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New York Solar Incentives

New York is in the top 5 states our rankings for home solar power!!! That's because of the state's excellent legislative support for good solar practices, and also because of its great rebate program and solar tax credit, which make solar here a sure bet.  See the 2017 solar report card below compiled by SolarPowerRocks.com.  New York's high cost of electricity (7th highest in the nation) coupled with aggressive pro-solar policies and incentives make NY one of the leading states in solar energy proliferation.
2018 Solar Incentives
  • NY-SUN Incentive: A cash rebate based on the size (Wattage) of the system, typically accounting for 10-20% of the installed system cost. 

 

Check out the current NY-SUN rebates 

 

 

  • New York State Tax Credit: For residential systems only, you may be eligible for a 25% tax credit up to a maximum of $5,000.

  • Net Energy Metering: All solar systems connected to the electrical grid may transfer surplus power back, allowing customers to offset the cost of power drawn from the utility.

  • Property Tax Exemption: NYS has a law that exempts property tax increases due to solar installations. There are certain jurisdictions that have opted out of this law, please contact us to see if you are exempt.

 

  • Sales Tax Exemption: For residential and commercial, NYS has exempted NYS sales tax on solar equipment. Local jurisdictions have the option to opt out of this law in order to apply school, county, or city sales taxes, please contact us to learn more.

 

  • Accelerated Depreciation: Commercial properties can deduct 85% of the value of a solar asset from their taxes over a five-year period.

 

We can help you navigate all of these programs to determine your eligibility and what the amounts would be.

Contact us to learn more about how much solar can save you.

Call today for your free solar power consultation!!!
315-904-5005