Solar Incentives Ny

It s the affordable solar incentive which takes the form of a direct grant and it s available via application from the new york state energy research and development authority or nyserda.

Solar incentives ny.

Solar energy is already providing heat and electricity to many buildings in ny. When pairing energy storage and solar you may be eligible for an energy storage incentive in addition to the current ny sun solar incentive. Our goal is to help make it possible for new yorkers to choose clean energy while lowering their energy costs. This is 2 86 per watt.

New york s megawatt block incentive is a direct generous incentive for solar. As of 2020 new yorkers pay an average of 19 cents per kwh one of the highest rates in the continental u s. Incentives are provided directly to your selected contractor and vary throughout the state. New york state is making solar energy more accessible to homes businesses and communities through ny sun.

The average cost for an installed residential solar system in new york is currently 12 716 after claiming the 26 federal solar tax credit. Ny sun has multiple resources to help new yorkers harness the power of the sun including. Individual homes commercial businesses and even apartment rentals benefit from solar power s clean energy and considerable economic savings. Ny sun works directly with solar contractors and developers to offset the cost for new york residents to go solar.

The megawatt block incentive structure. 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. In addition to incentive and financing options your business may qualify for federal and or new york state tax credits and rebates for getting solar. Net metering is a crucial policy that ensures you get paid a fair price for the solar electricity.

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