Incentives

  • An income tax credit for 25 percent of the cost of the system ($5,000 maximum) for grid connected and net metered residential solar electric and solar thermal systems.
  • Exemption from state sales tax for passive solar space heat, solar water heat, solar space heat and photovoltaics installed in residential and multi-family residential buildings
  • Subject to local option, a 15-year real property tax exemption for the cost of solar and certain other renewable energy systems constructed in New York State, to ensure that property taxes do not rise because owners install solar energy equipment.

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