New York State Solar Panels

It is the only program that allows you to own your solar system while paying for the cost through your electric bill.

New york state solar panels.

New york solar power overview. The tax credit is capped at 5 000. Ny sun mw block incentive. The state offers a balanced mix of good solar incentives and relatively high electricity prices that makes home solar in new york a very attractive financial investment.

New york state solar equipment tax credit. Solar incentive and financing options. It s simple and you get to own your system with 0 down. New york solar tax credit.

When it comes to home solar panels new york has long been one of the best places in the country. Aside from the power output of the solar equipment you choose to install the amount of energy you generate with solar panels in new york is directly related to the amount of sunlight that hits your panels. If your property isn t ideal for solar panels or you are not a homeowner community solar may be right for you. First you don t have to purchase your system to claim the credit i e.

If you live in new york city you can take advantage of the new york state tax credit which is equal to 25 of the costs of you solar panel installation. Guidance on determining federal and or new york state tax credit eligibility. Detailed information on available incentives and loans for residential customers going solar. The great advantages of the solar equipment tax credit are twofold.

This combined with the federal tax credit provide subsantial savings on the cost of a solar installation. It applies to.