Ny Solar Panel Program

There are three main incentive programs that make going solar a sweet deal in new york.

Ny solar panel program.

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 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. Solar for all is a new york state utility bill assistance program. With offices in hicksville farmingdale and ronkonkoma we are your local solar professionals.

See if you re eligible. Incentives are provided directly to your selected contractor and vary throughout the state. New york state is funding solar farms to benefit homeowners and renters who may not be able to access solar clean energy. As of september 2020 the average solar panel cost in new york is 2 91 w.

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 state solar does more solar projects through the ny sun on bill recovery program than anyone else in new york state. The program provides an up front dollars per watt w rebate for both commercial and residential solar panel systems. The new laws include statewide tax credits for the lease of solar equipment and power purchase agreements a 34 b s 149 b statewide sales tax exemptions for commercial solar equipment a 5522 b s 3203 b and an extension of the real property tax abatement in new york city for solar installations a 10620 s 7711.

Providing training tools and assistance to help local governments and jurisdictions identify opportunities mitigate barriers and create solar programs. The average cost for an installed residential solar system in new york is currently 12 716 after claiming the 26 federal solar tax credit. Trust the experts for a hassle free experience. What are the best new york state solar incentives.

You will need to work with a nyserda approved participating contractor to find out if you are eligible for ny sun incentives. Given a solar panel system size of 5 kilowatts kw an average solar installation in new york ranges in cost from 12 368 to 16 732 with the average gross price for solar in new york coming in at 14 550. Through solar for all eligible new yorkers can get the benefits of clean energy while lowering their energy costs. Ny sun is a major component of governor andrew m.

The megawatt block incentive structure. This is 2 86 per watt. Cuomo s reforming the energy vision rev which aims to create a cleaner more resilient and affordable energy. Solar panel cost in new york.