Pricing & Incentives

Solar is a Great Investment

Solar electric systems have many great environmental benefits, but they are also great for your wallet.  More and more, people are looking to solar as a wise economic decision.

Solar has a high return on investment.  Most of our residential solar system owners see internal rates of return which are greater than 15%.  

Buying a solar system locks in your energy prices for the next 30 years!  Your panels are warrantied for 25 years and solar systems in real-use conditions last for much longer.  Once your system is commissioned, you won't be subject to your utility increasing your rates.   

Rebates & Incentives

Your system qualifies for several tax incentives:

1. A Federal Tax Credit of 30% of the post-rebate cost
2. A New York State  25% Tax Credit capped at $5,000
3. A New York State Sales Tax Exemption
4. A 15-year Property Tax Exemption

Your system also qualifies for rebates:

Long Island: LIPA pays rebates of $1.75/watt for systems up to 10 kW in size. 
The maximum rebate payment is $17,500.

New York City:  NYSERDA is responsible for NYC rebates.  In NYC, residential
solar owners receive $1.75/watt for systems up to 7 kW in size.  The maximum
rebate payment is $12,250.

Read a PDF explaining in detail Long Island residential solar incentives.
Read a PDF explaining in detail NYC residential solar incentives.

Note: These sample systems represent the typical pricing for a retro-fit installation and are not specific offers. System samples assume a full South facing asphalt roof with 33 degree pitch and no shading. The net cost and annual production for each system will differ depending on a number of variables. Estimates of annual production value and return on investment assume a cost per kilowatt-hour of $0.21 and an average electric rate increase of 5% each year. Federal and State tax credits are calculated on the post-utility rebate amount. Please consult with your tax advisor to verify that you are eligible for these tax credits.