Can you believe this... the Government is willing to pay for 40,50,
even 60% of the cost for YOUR solar electric or wind system!
New York
-------------->For grid-connected WIND energy systems Incentive summary from PON 1098
New Jersey
Federal money:
Where does this dough come from? How do I apply to get it? Where, How
--------------> RESIDENTIAL: $4/Watt off, photovoltaics, up to 5 kW, $3/W off for 5.01 to 10 kW
--------------> COMMERCIAL: $4/Watt off, photovoltaics, up to 25 kW, $3/W off for 25.01 to 50 kW
--------------> NON-PROFIT: $5/Watt off up to 25 kW, $4/W for 25.01 to 50 kW
--------------> Long Island, $3.75/ W up to 10 kW
For full PON text, downlaod it from NYSERDA
(This incentive is not available in Long Island)
NYS tax credit: 25% on the solar electric or solar hot water system cost up to $5000.
--------------> see New Jersey Clean Energy for details.
Commercial solar electric systems are eligible for a 30%-of-system-cost federal tax credit, no cap.
Residential solar electric and solar hot water systems get 30% tax credit up to $2000