Nys Solar Panel Incentives

New york s megawatt block incentive is a direct generous incentive for solar energy available under new york s ambitious ny sun initiative.

Nys solar panel incentives.

New york state tax credit. Ny sun makes going solar easier and more affordable for new york residents. 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. Ny sun offers incentives and financing options for new york businesses looking to go solar.

But don t wait government financial incentives are decreasing. New york has long been a leader in installed solar capacity. Ny sun works directly with solar contractors and developers to offset the cost for new york residents to go solar. The system must also be installed and used at your principal residence in new york state.

Solar incentive and financing options. Partnering with leading manufacturers in the solar industry ny state solar exclusively offers premium solar components and the most innovative financing methods. Ny sun works with solar contractors and developers to offset the cost of purchasing and installing a solar panel system for your business. The program provides an up front dollars per watt w rebate for both commercial and residential solar panel systems.

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. Ny sun helps make solar energy more accessible and affordable for residential customers. If you re a new york state resident interested in filing for a renewable energy tax credit you will need to complete the appropriate forms to submit along with your normal yearly tax filing. Detailed information on available incentives and loans for residential customers going solar.

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. We offer financing and incentive options for new york residents looking to go solar including. Find out what options are available and which of them is right for your business. We offer incentives and financing options to lower the cost of purchasing and installing solar at home.