Can you believe this? Your tax-payer/rate-payer dollars actually come back to YOU to help pay for YOUR Solar Energy System!
New York – NYSERDA – Jan 2014
Residential: Earn $1 per watt up to a maximum of 25000W ($25,000) per site/meter
Commercial: Earn $1 per watt up to a maximum of 50 kW and $0.6/W for 50 to 200kW per site/meter, and not exceed 40% of the total installed system costs
Solar power is so popular that funding levels are going down fast, so call ETM to find out the latest!
New York Residential Tax Credit
Residential customers are eligible for a 25% state tax credit not to exceed $5000 for a Solar Energy Installation
Federal Government Tax Credit until 2016
Residential Solar Electric Systems get a 30% federal tax credit.
Commercial Solar Electric Systems are eligible for a 30%-of-system-cost federal tax credit, with no cap in spending.
ETM will take care of all the necessary paperwork required by the state and the utility for you to get the state incentives.
Please call your tax preparer to check out how the tax credits can benefit you.