For New York homeowners looking to make the switch to solar power, there are many incentives, tax credits, and financing options available. By taking advantage of the 30% federal tax credit and 25% New York State tax credit (up to $5,000), along with rebates of $200 to $800 per kilowatt through the NY-Sun Incentive Program, homeowners can save an estimated $1,500 per year or $125 per month on a typical 6 kW solar system. In addition, local utility rebates and net metering policies offer even more savings on electricity costs. Working with a reputable and experienced solar installer is crucial, and companies like Patriot Energy Solution offer transparent proposals, savings estimates, system performance details, and guarantees. By embracing solar power, homeowners can make a positive impact on the environment and enjoy significant financial benefits.
Have you been considering solar panels for your home but aren’t sure where to start?
Federal and State Tax Credits: A Significant Financial Boost
- 30% federal tax credit on the cost of solar system, including installation, through 2032
- 25% New York State solar tax credit, up to $5,000
- Combined tax credits make solar panel installation more affordable and accessible
By taking advantage of the federal and state tax credits, a typical 6 kW solar system in New York could result in estimated savings of $1,500 per year or $125 per month – Forbes
The NY-Sun Incentive Program: Lowering Upfront Costs
- Direct incentives to solar contractors to offset residential solar installation costs
- Incentives range from $200 to $800 per kilowatt (kW) installed for systems up to 25 kW
- A 6 kW system could receive a rebate of $1,200 to $3,600
How much do you think you could save on your electric bill by going solar?
- Less than $50/month
- $50-$100/month
- $100-$200/month
- More than $200/month
Local Utility Rebates and Net Metering: Additional Savings
- Some local utilities offer their own rebates and incentives for solar panel installations
- New York’s net metering policies allow homeowners to receive credits for excess solar energy sent back to the grid
- Significant long-term savings on electricity costs
Patriot Energy Solution is offering lease and purchase options as low as $80/month for eligible customers, making solar power more affordable than ever before.
Choosing the Right Solar Installer: A Crucial Step
- Work with a reputable and experienced solar installer
- Look for companies with a proven track record, positive reviews, and understanding of local incentives and regulations
- Reputable companies provide transparent proposals, savings estimates, system performance details, and guarantees
“Patriot Energy Solutions made going solar a breeze! Their knowledgeable team guided us through every step, from understanding the incentives to the installation process. We couldn’t be happier with our decision to go solar!” – John and Sarah, Long Island homeowners
Embracing a Sustainable Future
Going solar in New York is an environmentally conscious and financially savvy decision. By taking advantage of incentives, rebates, and financing options, homeowners can significantly reduce upfront costs and enjoy long-term savings on electricity bills.
Additional Tips and Considerations
- Understand warranties and guarantees provided
- Consider long-term value and energy savings
- Take advantage of community solar programs if your home is not suitable
- Stay informed about the latest solar incentives, rebates, and financing options in New York
By incorporating these tips and working with a trusted solar installer like Patriot Energy Solution, you can confidently make the switch to clean, renewable energy and enjoy the many benefits of solar power for years to come.
