Property tax exemptions
These New York solar power programs will allow people to improve their home with a clean, renewable, PV solar panels that would be connected to the grid. This would reduce demand on the grid, reduce the homeowners dependence on traditionally generated electricity, and quicken the solar revolution by ploughing money back into it.
Cash incentives available for New Yorkers
New York and Long Islanders will benefit from an incentive through the Energy Smart Solar Electric System Incentive Program and the Long Island Clean Energy Initiative. Long Islanders will receive around 40% of the solar system price, while New Yorkers will receive around 50% of the solar system price.
Unfortunately, the programs fund only PV solar panels and not for Solar Hot Water systems.
Tax Credits and Property Tax Exemption
The State of New York offers a 25% tax credit capped at $5,000. And they have also extended Property Tax Exemption through to 2011.
Electric savings
If your solar panels produces more energy than you use, the extra electricity is used as cash credits on your electricity bill.
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New York Solar Power Suppliers
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Advantages Of Solar Power
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