Why go solar in New York
New York has a mature solar market and is ranked 10th nationally in terms of installed solar. A law passed in 2019 requires 70% of electricity to be produced from renewable sources by 2030. New York utilities are also required to offer net energy metering providing credits for monthly net excess generation. This means that solar customers in New York can get paid for the energy they produce! Going solar in NY is a great choice for anyone looking to save money on energy. Not only does NY legislation encourage it, but there are incentives available right now to help you make the decision. Solar can also keep you running in case power outages happen and it helps you maintain predictable payments.
Solar incentives in New York
Depending on your utility company, you may be eligible for solar incentives and programs.
New York homeowners are eligible for Net Metering (NEM). NEM allows you to earn credits on your utility bill for excess power generated.
New York homeowners are also eligible for the NYSERDA Battery incentive. The NY battery incentive pays $250 per kWh when installing a Tesla or LG Chem battery.