Whether you’re shopping as a resident or as a business,
we can help you find the solar incentive program that fits your situation.
When a commercial or residential solar PV system is built in service areas, the owner is able to file for a federal income tax credit. The tax credit for both states is currently 30%.
Commercial solar systems may also take advantage of Accelerated Depreciations (MACRS), which allows a commercial solar project owner to depreciate almost the full value of the cost basis year one.
Click on your state below to explore solar incentives for your area. Eligibility will vary depending on your precise location.
New York
New Jersey
Florida
Connecticut
Massachusetts
In most areas of New York, there are solar rebates available for commercial and residential solar systems. The amount of the rebate depends on the area and the timing of the application.
Solar homeowners in New York are eligible for a special solar New York State tax credit that is capped at $5,000.
New York State offers a property tax abatement for solar projects installed in New York City, the five boroughs. The solar property tax abatement is utilized over four years. These incentives are for commercial and residential solar projects.
New Jersey has a performance based solar incentive system, called Successor Solar Incentives (SuSI). A solar system earns one credit for every 1,000 kilowatts hours (1 Megawatt hour) that the system produces. For most residential systems these certificates are $90 and most commercial solar systems would receive $100.
In Florida, there is a Net Metering rule. This means the extra solar electric production is able to backfeed to the grid when you have overproduction and then when you need it later you receive the electricity back. It’s a one to one ratio, so residential or commercial solar projects receive the full value of the solar production.
The Connecticut Green Bank Residential Solar Investment Program (RSIP) offers up front cost reduction payments based on how large of a system is installed.
When a residential solar system is installed in Massachusetts, the owner is eligible for a personal income tax credit of $1,000 or 15% of the solar project costs.
A production-based incentive program (in other states they are known as RECs, Renewable Energy Certificates) that pays the solar energy system owners based on the amount of solar electricity that is created.
1. Estimate savings on your energy use 2. Leverage the best state incentives
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PowerLutions LLC
NJ Electrical Contractor
Business Permit #17356
216 River Ave Lakewood, NJ 08701
MAIN OFFICE
216 River Avenue
Lakewood, NJ 08701
732-987-3939
NEW JERSEY
2 University Plaza #100-1
Hackensack, NJ 07601
201-624-9696
NEW YORK
56 South Main St Suite #2
Spring Valley, NY 10977
845-553-7100
NYC
1310 Coney Island Ave
Brooklyn, NY 11230
718-502-3200
MIAMI FLORIDA
66 West Flagler Street
Suite 900-3747
Miami, FL 33130
786-732-3306
