New York is probably the most aggressive state when it come to switching over to green energy.
Their renewable portfolio standard has set an impressive goal of reaching 30% power production from renewable energy by the year 2015!. With a solar carve out of 2.5%, now personally I’d like to see the solar carve out a bit higher but hey clean energy is clean energy. Right now the largest contributor of clean energy is is New York’s massive wind farm which they plan to keep expanding.
At this rate you have to wonder, will New York be the first state to be completely green? Only time will tell. To help this effort though. get your solar panels up and running either with a solar lease or save money with all the incentives that are still available. With an estimated ROI of around 8 years New York is a great place to run your home from the power of the sun.
Solar Power Companies in New York
$0 Down Solar Leasing is Available!
SunRun and SolarCity do operate in New York.
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New York AT A GLANCE
Electricity use in New York
$113.16 This is the average residential electric bill in New York.
$2.96 This is the amount New York pays above the national average
$18.79 This is the average cost of electricity in New York.
$6.67 This is how much New York is above the national average cost for electricity.
Sunshine in New York
46% of all days are sunny in New York.
17% of all sunny days that do not have clouds.
15:05 this is the longest day in New York.
9:15 this is the shortest day of the year for New York
Solar power incentives in New York
Does New York have a RPS?
YES, New York has a renewable portfolio standard set in place.
Does New York participate in the SREC market?
NO, New York does not have a SCREC market place.
Does New York allow trading into other SCREC markets?
NO, New York does not trade in any way with the SCREC trade.
Does New York offer a state tax credit for solar power?
YES, New York has a tax credit for going with solar power.
Is there a state sales tax exemption in New York for solar power?
YES, New York has a sales tax exemption for solar power s system.
Does New York offer a property tax exemption for solar energy?
YES, New York does have a property tax exemption for solar power systems.
Does New York offer a Feed-in Tariff?
NO, like most places in the US New York does not offer any type of Feed-in Tariff.
Does New York offer Net Metering?
YES, in New York there is the option for Net Metering.
FEDERAL GOVERNMENT SOLAR POWER INCENTIVES
Again as in all 50 states there is the 30% federal tax credit.
Are there additional renewable energy incentives New York?
YES, there are a number of other solar power and renewable energy incentives in New York, you can find out more at dsireusa.org.
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