New York New York Solar Power Rebates And Incentives Solar energy systems represent a significant positive investment for either a home owner or business that delivers inexpensive power for decades. With the generous incentives available, that investment is even more affordable. These incentives include a wide range of federal, state and local programs that substantially offset initial costs in the form of tax credits, rebates, grants, loans, leasing and direct equipment sales. These programs, though extensive, can be confusing to identify and understand, then to file the appropriate documents in order to receive your rebates once a system has been installed. The best way to take advantage of these solar energy incentives is to call your local Akeena representative at (888) 253-3628, and Akeena will manage the rebate activities for your new Akeena solar system.  Additionally, there is a complete and up-to-date list of state and local programs maintained by a non-profit organization through the link provided, DSIRE, the Database of State Incentives for Renewable Energy as well as links further down this page to take you to specific state programs in order to get the latest information available. Commercial and Residential Solar Energy Financial Incentives New York offers one of the best solar energy system incentive programs in the country. The state offers rebates for systems up to 50 kW to a maximum of 60% of the total cost. In addition, New York provides a 25% tax credit for residential solar energy system installations up to $5,000. In certain jurisdictions, the sales tax is waived. The New York State Energy Research and Development Authority's Residential Photovoltaics Program was initiated to stimulate the solar energy market by installing high-quality, well-designed, reliable, grid-connected solar energy systems at residences in New York. These rebates are available to customers in the following utility service areas: Central Hudson Gas & Electric Corporation Consolidated Edison Company of New York, Inc. New York State Electric and Gas Corporation Niagara Mohawk Power Corporation Orange & Rockland Utilities, Inc Akeena Solar will fill out and manage all of the necessary paperwork with NYSERDA and your local utility to reserve and claim your solar rebate. The New York State Energy Research and Development Authority's Residential Photovoltaics Program website has more information about these solar power incentives. Long Island has a separate rebate program which is administered under Long Island Power Authority (LIPA). Long Island rebates are presently $3.75 per watt, which helps pay up to 50% of system cost. Go to their website to find out more about their program: http://www.lipower.org/cei/solar.html A 30% federal tax credit also applies to residential systems, up to $2000. Federal Business Solar Power Incentives These incentives are available for businesses (not residences) that invest in or purchase qualified solar energy equipment. They also apply to qualified home offices. 30 Percent Investment Tax Credit 5 Year Accelerated Capital Depreciation Financing Assistance Akeena Solar offers different financing programs to meet your financing needs. NYSERDA Cash Incentives for Small Solar Electric or Photovoltaic Systems Approved Program Description for Eligible Installer Web Sites Attachment B-1 The New York State Energy Research and Development Authority (NYSERDA), through the New York State Energy program, provides incentives on a per watt basis for the installation of approved, grid-connected, solar power (photovoltaic) systems up to 50 kW. Under the NYSERDA program, cash incentives are only available for solar power (photovoltaic) systems purchased through an eligible installer. All Incentives are subject to approval by NYSERDA. As an eligible installer, Akeena Solar is authorized to apply for incentives for approved systems for eligible customers. Eligible customers are those who pay into the New York State System Benefits Charge (SBC). For more important information about this exciting program visit www.PowerNaturally.org - You can also call 1-866-697-3732 and ask about NYSERDA’s small photovoltaic (solar power) incentive program.