New York State is making solar energy more accessible to homes, businesses, and communities through NY-Sun. Our goal is to help make it possible for New Yorkers to choose clean energy while lowering their energy costs. NY-Sun has multiple resources to help New Yorkers harness the power of the sun, including:
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Incentives and Financing for Your Home and Business:
Providing a range of offerings to make going solar more affordable.
Education:
Providing homeowners and renters the information needed to make informed decisions about solar.
Local Government Resources:
Providing training, tools, and assistance to help local governments and jurisdictions identify opportunities, mitigate barriers, and create solar programs.
Community Solar for Your Home and Business:
Expanding access and the opportunity to participate in community solar projects for all New Yorkers.
Here are some of the incentives available to New York home and business owners:
Federal Solar Investment Tax Credit (ITC):
Homeowners that qualify for the Solar ITC can take advantage of a tax credit for 30% of the total purchase price of their solar system, no matter the system size or cost. This credit applies to all solar projects that begin construction in 2023 and will last through 2033, at which point it will drop to 26%.
NY-Sun Solar Program:
NY-Sun provides incentives and financing to make solar-generated electricity accessible and affordable for all New York homeowners, renters, and businesses. Using solar can help lower energy costs compared to using conventionally generated electricity.
Net Energy Metering:
Utility companies keep track of the amount of energy you produce and consume monthly. At the end of the month, your power company will subtract the amount of energy you produce from the amount of energy you consume, reducing your monthly power bill. Any additional energy credits you store will be carried over to your next month’s bill throughout the year.
Further information and programs can be found at the Programs.Dsireusa.org
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