If your property isn t ideal for solar panels or you are not a homeowner community solar may be right for you.
New york state solar panel grid.
Additionally new york state has some of the best tax credits and exemptions that make purchases for solar panels or community solar a great deal.
To learn more about new york s best financial incentives for solar check out our complete overview of the state s best solar incentives.
If you purchase a solar panel system in 2019 you re eligible to claim a 30 federal investment tax credit.
New york state offers a unique on bill payment plan for people looking to go solar.
Detailed information on available incentives and loans for residential customers going solar.
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.
Our goal is to help make it possible for new yorkers to choose clean energy while lowering their energy costs.
In some areas of new york state for example a home can get a certificate of occupancy without an electrical inspection if the solar system isn t grid tied.
New york state permitting.
New york state tax credit.
The new york solar tax credit can reduce your state tax payments by up to 5 000 or 25 off your total solar energy expenses whichever is lower.
Read more about new york s solar incentives here.
Check out the top utility net metering programs in new york.
Guidance on determining federal and or new york state tax credit eligibility.
Solar incentive and financing options.
Ny sun has multiple resources to help new yorkers harness the power of the sun including.
Cuny in a collaborative effort under the ny sun initiative worked with nyserda nypa and jurisdictions across the state to develop the initial nys unified solar permit form based upon the long island unified solar permit initiative as well as the solar america board for codes and standards national best practices.
It is the only program that allows you to own your solar system while paying for the cost through your electric bill.
It s simple and you get to own your system with 0 down.
The great advantages of the solar equipment tax.
In addition new york residents who purchase a solar panel system are eligible for the state funded megawatt rebate and a state tax credit of up to 5 000.