New York

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Solar Incentives for New York

New York’s Clean Energy Standard (CES) set forth by Public Service Commission of New York requires the state to generate 50% of its energy from clean, renewable sources by the year 2030. To help achieve the state’s goals, homeowners are offered lucrative incentives to add solar generation to their home. New York solar incentives come in the form of state rebates, tax credits and net metering. As of February 2017, the Public Service Commission approved and published an implementation plan that provides detailed eligibility criteria for new Renewable Energy Standard (RES) resources based on size, geographical location, energy delivery requirements, and date of operation.

New York Solar Incentives

NY-Sun PV Incentive Program  – Updated November 10th, 2015

The solar incentive is based on actual and expected energy production from qualified systems. In order to participate in the program, on behalf of applicants, Trinity  must submit a bid to NYSERDA as a $/kilowatt-hour ($/kWh) incentive request. Individual system size is also limited to those needed to supply 110% of historic or calculated on-site electricity needs. Please see the program web site for information on a variety of other equipment, application, and technical requirements.

Participating Utilities:
Central Hudson Gas & Elec Corp, Consolidated Edison Co-NY Inc, Long Island Power Authority, New York State Elec & Gas Corp, Niagara Mohawk Power Corp., Orange & Rockland Inc, Rochester Gas & Electric Corp

Residential (current incentive level based on July 25, 2017 review):  
Con Edison Region: $0.40/W
Up State Region: $0.35/W 
Low-to-Moderate income customers: Double the standard incentive amount(up to 6kW) 
Visit https://www.nyserda.ny.gov/All-Programs/Programs/NY-Sun/Megawatt-Block-Dashboards/Residential-Small-Commercial-MW-Block for more information

Non Residential (Small Business): Base incentive available for first 50 kW, each additional solar capacity receives Second Tier Incentive.
Long Island Region: $0.25-0.23/W
Con Edison Region: $0.70-0.45/W
Up State Region: $0.40-0.30/W 

Customers who pay the Renewable Portfolio Standard (RPS) fee are eligible to participate in the NYSERDA PV Incentive Program currently $0.40-.030/W

Learn more here: http://ny-sun.ny.gov/

Net Metering – Updated April 8th, 2017

Solar systems are eligible for net metering in New York. Net metering allows the electric customers who own eligible electricity generation system to offset their utility electricity bill on the basis of usage vs. photovoltaic production via bi-directional meter. Established in 1997, net metering law in New York only applies to residential solar systems. Maximum capacity on net-metering systems equals 25 kW for residential (NYSERDA) and 2 MW for non-residential (NYSERDA & LIPA).kWs or less.

PSEG Long Island

PSEG Long Island’s net metering is not governed by the New York’s net metering policy; however, the components are similar to the State law.
Learn more here

Due to the success of residential solar and popular demand, the law has been expanded by increasing capacity limits:

  • 25 kW for residential solar, 100 kW for farms, 2 MW for non-residential.

Solar Sales Tax Exemption – Updated December 3rd, 2015

The state of New York offers 100% exemption from state sales tax for residential solar photovoltaics. However, a Sales Tax Exemption Certificate is required to claim sales and use tax exemption for solar energy related equipment and other purchases.
Find out more here 

Residential Solar Tax CreditUpdated April 20th, 2015

The Residential Solar Tax Credit is a personal tax credit that reimburses the system owner up to 25% of the expenditure of installing a new residential system. The maximum credit one can receive is $5,000, however any excess credit can be carried forward no more than 15 years.

You are eligible if you:

  • Bought the solar equipment yourself,
  • Signed a lease agreement of the system equipment
  • entered into a written agreement that covers the purchase of power generated by solar energy system equipment not owned by you for a period of 10 years or greater.
Learn more here


Federal Solar Incentives for New York

    Residential Renewable Energy Tax Credit

      Originally established January 1st of 2006, and given new life by the 2015 Consolidated Appropriations Act, the Residential Renewable Energy Tax Credit has had a huge impact on the American families looking to decrease their monthly energy expenditure. For homeowners who go solar, a taxpayer can claim 30% of approved expenses of their residential solar system. The reimbursement schedule is designed to scale back gradually as shown below:

      • 30% for systems installed before 12/31/2019
      • 26% for systems installed after 12/31/2019 and before 01/01/2021
      • 22% for systems installed after 12/31/2020 and before 01/01/2022
      • The system isn’t required to be at the main residence of the homeowner to be applicable.

        Learn more about the Federal Tax Credit.

        Go solar with Trinity today

        These solar incentives for New York make going solar more affordable than ever before. Make your move toward a lower energy bill today and rest assured knowing that Trinity will be there every step of the way – see if you qualify here. Champion your community—follow this link and for every family you help go solar through our referral program, you get paid.

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