What incentives are available?

This can get a little complicated and helping you to figure this out is part of what we do when we provide an estimate. There are several potential incentives. The first is provided by NYSERDA (New York State Energy Research and Development Authority). You have to pay into the SBC (System Benefit Charge) through your electric bill in order to qualify for this one. Most folks including residential and commercial customers pay this unless you live in a municipal power district such as Massena and Tupper Lake. Municipal power districts sometimes run their own programs so check with your local municipal power authority.

A 30% federal tax credit is available to help offset the cost of a system. Both residential and commercial customers can access this. You need sufficient income in order to take this so it's best to check with your tax preparer to see how much of a tax credit is available to you.

A 25% state tax credit is available to residential customers. Again check with your tax preparer to see if this can work for you.

For commercial customers accelerated depreciation is allowed for solar electric systems.

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