Homeowner Solar Incentives and Support in New York
Federal Solar Tax Credit
The federal solar tax credit allows you to deduct 30% of your solar installation cost from your federal income taxes. If the credit exceeds what you owe in a single year, the remainder is into future tax filings.
New York State Solar Tax Credit
The New York State government allows you to deduct $5,000 for primary residence in state tax credits to reduce their taxable income.
New York City Property Tax Abatement
The NYC Property Tax Abatement for solar allows homeowners to claim 30% of solar installation as property tax abatement for the next 4 years with the NYC Department of Finance.
Net Metering in NYC
Through Con Edison’s net metering program, you’ll receive retail energy credits on your monthly bills for any excess energy that your system sends to the grid. These credits are used at times when your system isn’t producing as much energy, like at night or in the winter.
Advantages of Solar in New York
New York consistently ranks among the top states for solar, with a growing industry and rising electricity costs making it an ideal choice. Solar not only helps combat climate change but also boosts home value—Zillow reported that NYC-area homes with solar see an average 4.1% increase. We’ve helped many homeowners lower their electric bills and reduce reliance on fossil fuels by going solar.
Hurry—The 30% Federal Solar Tax Credit Expires December 31, 2025!
The federal solar tax credit is one of the most valuable incentives for installing residential solar, but it won’t be around for much longer. Under the “One Big Beautiful Bill Act,” the credit ends at the close of 2025. There’s still time to claim the federal solar tax credit, but your system must be installed by December 31, 2025. In NY, permitting and installation take time, so start your project today to secure your savings.