Interested in making the move to solar? Here’s a list of some financial incentives being offered for solar systems this year.
|Residential Solar Sales Tax Exemption program||
Exempts the sale and installation of residential solar-energy systems from the state’s sales and compensating use taxes.
|Solar & Fuel Cell Tax Credit program||
A taxpayer may claim a credit of 25-30% of qualified expenditures for a solar system that serves a dwelling unit located in the United States and used as a residence by the taxpayer.
|Green Building Tax Credit program||
Offers tax credits that can be applied against corporate taxes, personal income, insurance corporation taxes and banking corporation taxes.
|NYSERDA Solar PV Program||
The New York State Energy Research and Development Authority (NYSERDA) provides cash incentives for the installation by Eligible Installers of new grid-connected Solar Electric or Photovoltaic (PV) systems that are 50 kW or less for commercial sites. Cash incentives are available for qualified customers who wish to install PV systems through applications submitted by an “Eligible Installer.”
For more information feel free to visit our Solar Incentives Database, which features an updated directory of solar incentives by state.