At New York Power Solutions, it’s our goal to make solar more accessible to everyone. We have developed our financing model to take full advantage of NYS solar incentives.
Financing can be split into two separate terms. This split financing allows for a no money down and interest-free period.
Your expected tax credits from NYS solar incentives will be applied to the initial financing. This will be calculated specifically for the incoming credits. At the rollover of the next tax year, you will use your NYS solar incentives to pay the initial no money down and zero-interest loan.
The remainder of your solar bill will then be split over a longer term, which will be based on what’s best for you. Customers typically opt for a term ranging from 10 to 20 years. You’ll enjoy more savings with a shorter term, but it depends on your financial situation. With our finance partners, we’ll help you choose something that works.
The second loan will be fixed at a low-interest rate.
Combining NYS solar incentives and our affordable financing means that your dream of solar at home can become a reality. You can gain energy independence.