Buy Solar with Some of the Best Incentives in the Nation
Solar power in New York is an investment that will return value over time while also creating environmental benefits. In New York, you can get some of the best incentives in the nation when you buy solar. These incentives won’t be around forever, so it’s important to take advantage of them while they exist. We’re already seeing changes in other parts of the nation that could signal a change in the coming years. The news this week revealed that lawmakers in California are currently considering removing state benefits for home solar. Thankfully, you can still get New York solar with some government support.
Learn about the state and federal incentives for your New York solar installation and start with your free ballpark estimate today.
New York State Solar Incentives
State solar incentives are available as solar tax credits, and direct incentives that come off your bill when you buy solar. The specific incentives available in your case can vary. With New York Power Solutions, you’ll get help determining which incentives apply. We’ve outlined the most common below, which are available to most families installing solar power in New York for the first time.
- You can get a state tax credit for your solar installation, worth a maximum of $5,000. This tax credit can even be applied to your solar financing for an interest-free period.
- NYSERDA provides a direct incentive that will be paid to your solar installer and taken off the top of your bill. It’s available to NYSERDA-Approved installers, like New York Power Solutions. This incentive will be based on the size of your system and the current rates offered by your utility company.
- If you’re in New York City, you can take advantage of a residential property tax abatement program, worth up to 20% of the cost of your solar system, claimed over four tax years.
The incentives go a long way toward reducing the cost of solar. Incentives for solar power in New York can also be combined with a federal incentive.
- Thanks to the Inflation Reduction Act of 2022, you can claim a federal income tax credit worth up to 30% of the cost of your solar installation.
Keep in mind that the amount you pay on state taxes will affect the amount you owe on federal taxes, so the percentage paid by state and federal incentives can vary if compared dollar for dollar against your initial bill. The best way to discover the real value of your incentives is to begin with your solar consultation at New York Power Solutions.
Buy Solar Power in New York from an Experienced Team
When you buy solar power in New York, you can have the installation completed by the best professionals in New York. The team at New York Power Solutions has decades of experience in the roofing and solar industries and has completed more than 5,000 system installations to date.
We are trusted residential and commercial installers, ready to get started on your project.
Get an Estimate for New York Solar Installation
Buy solar from New York Power Solutions and enjoy a detailed consultation process, cost/benefit analysis, and the highest-quality workmanship for a durable installation. Our solar panels come with 25 years of warranty coverage.
Start with your free estimate online and get a New York solar installation that delivers savings and a return on investment over time. New York Power Solutions is the team people trust when they want to buy solar done the right way.