Nys Solar Panel Incentives

Detailed information on available incentives and loans for residential customers going solar.

Nys solar panel incentives.

Solar incentive and financing options. But don t wait government financial incentives are decreasing. Ny sun works with solar contractors and developers to offset the cost of purchasing and installing a solar panel system for your business. We offer incentives and financing options to lower the cost of purchasing and installing solar at home.

If you live in new york and are thinking about going solar you should know that thanks to the many financial incentives available 2020 is an excellent year for you to install solar panels. 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. 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 offers incentives and financing options for new york businesses looking to go solar.

Ny sun makes going solar easier and more affordable for new york residents. The solar energy system must use solar radiation to produce energy for heating cooling hot water or electricity for residential use. Find out what options are available and which of them is right for your business. The program provides an up front dollars per watt w rebate for both commercial and residential solar panel systems.

New york state tax credit. In addition to our incentive programs and financing options you may qualify for federal and or new york state tax credits for installing solar at home. We offer financing and incentive options for new york residents looking to go solar including. The system must also be installed and used at your principal residence in new york state.

Partnering with leading manufacturers in the solar industry ny state solar exclusively offers premium solar components and the most innovative financing methods. New york has long been a leader in installed solar capacity. Ny sun brings together and expands existing programs administered by nyserda long island power authority lipa pseg long island and the new york power authority nypa to ensure a coordinated well supported solar energy expansion plan and a transition to a sustainable self sufficient solar industry. Ny sun works directly with solar contractors and developers to offset the cost for new york residents to go solar.