Current Tax Credits & Incentives
-We will take care of all the necessary paperwork required by the state and the utility company!
NYSERDA $.40/watt DC, Capped at 25kw*
Federal Tax Credit 30% total cost, No maximum**
State Tax Credit 25% total cost, Capped $5,000
Commercial & Farms
State Tax Credit 25% total cost*, Capped at 10kw and $5,000 (if on residential property)
Businesses also have the added benefit of being able to Depreciate the cost of the Solar PV system through a 1-5 year Modified Accelerated Depreciation Schedule (MACRS).
Other Grants that are available and subject to an application process approval:
**Government Entities and Not-For-Profits do not qualify for Federal Tax Credits. Consult a tax professional for more information.
Frequently Asked Questions:
Q: How do Solar PV Systems work?
A: Photovoltaic panels are made of semiconductor material (silicon); they capture sunlight and convert it to direct electric current (DC). Inverters installed convert the DC current to safe alternating current (AC) that can be used in your home. The AC is connected to your electrical panel for electricity distribution throughout your house, or return to the utility grid for credit.
Q: How long do photovoltaic (PV) systems last?
A: A PV system that is designed, installed, and maintained well will operate for more than 20 years. The basic PV module (interconnected, enclosed panel of PV cells) has no moving parts and can last more than 30 years. The best way to ensure and extend the life and effectiveness of your PV system is by having it installed and maintained properly.
Q: How much maintenance is required?
A: Solar Systems generally require very little maintenance. Spraying them down with water once a year to remove excessive dirt and debris is typically all that is needed.
Q: How do I know if I have enough sunlight for PV?
A: We conduct a complete site survey, including a shade analysis, to determine whether solar is a viable solution for your location. Photovoltaic (PV) system needs unobstructed access to the sun's rays for most or all of the day. Shading on the system can significantly reduce energy output. Climate is not really a concern, because PV systems are relatively unaffected by severe weather. In fact, some PV modules actually work better in colder weather. Most PV modules are angled to catch the sun's rays, so any snow that collects on them usually melts quickly. There is enough sunlight to make solar energy systems useful and effective nearly everywhere in New York.
Q: Will I have power in a blackout?
A: To ensure your safety, the inverters on the panels shut down automatically during a blackout. When power is restored to the grid, your system automatically resumes operation.
Q: Is the roof the only area solar panels can be installed?
A: No, if your roof does not qualify as a viable area to install the solar panels, a ground mount or pole mount system can be installed.
Q: How big of a system will I need?
A: This will depend on the amount of electricity you use on an annual basis.
Q: How long does it take to complete the installation?
A: Between permits, planning, NYSERDA's approval, utility coordination, it can take up to a few months to complete the process. Once the actual installation has begun, it should take only 3-5 days depending on the size of the system.