Est. Lifetime Savings

    $15,000–$35,000

    Avg. Electricity Rate

    24.2¢/kWh

    Free Savings Quiz

    60 sec

    Available Incentives & Rebates

    Tax Credit

    New York State Tax Credit

    New York offers a state income tax credit equal to 25% of your solar installation costs, up to $5,000, providing significant savings on your state tax bill.

    Rebate

    NY-Sun Megawatt Block Incentive

    NYSERDA's NY-Sun program provides upfront rebates to homeowners based on system size. The incentive amount varies by region and utility territory within the state.

    Net Metering

    Net Metering

    New York's net metering policy credits homeowners at the full retail rate for excess solar electricity exported to the grid, providing ongoing monthly savings.

    Exemption

    Property Tax Exemption

    Solar energy systems are exempt from property tax increases for 15 years in New York. Your home's value rises without raising your property tax bill.

    Exemption

    Sales Tax Exemption

    Solar energy systems and equipment are fully exempt from New York's state sales tax, and many localities also exempt solar from local sales taxes.

    Program

    Community Distributed Generation

    Homeowners who can't install rooftop solar can participate in community solar programs and receive credits on their utility bills for their share of a shared solar project.