Page 1
Email us at: info_isesavings.com
631.629.4919
Con Edison announced that solar installations doubled during 2010. Island Solar Energy installed over 70% of all the kilowatts installed in Manhattan, and over 20% in Queens.
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Residential Incentives
Utility Company Rebates:
Both LIPA, which predominantly serves all of Long Island and parts of Queens County, and NYSERDA, which serves all other parts of NY State; offer attractive rebates for the installation of PV systems. These rebates are offered on systems that generate up to 10 kilowatts of DC power, and are always being re-evaluated. Rebates are on a first-come, first-serve basis pending application pre-approval by the utility. Please contact ISE for further details.
Federal Tax Incentive:
30% Residential Solar Investment Tax Credit through December 31, 2016.
No cap on credit for qualified solar electric property installations installed after 12/31/08.
New York State Incentives:
25% Residential Tax Credit on net costs for a solar electric system (maximum credit = $5,000).
State sales tax FREE on PV equipment purchases in New York State.
Real Property Tax Exemption of Solar Generating Equipment:
15 year real property tax exemption for installed PV systems.
County Incentives:
Local sales tax FREE on PV equipment purchases in Nassau and Suffolk Counties.
Page 2
Email us at: info_isesavings.com
631.629.4919
Con Edison announced that solar installations doubled during 2010. Island Solar Energy installed over 70% of all solar power installed in Manhattan, and over 20% in Queens.
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info_isesavings.com 631.629.4919 227 Main Street, Huntington, NY 11743 Copyright © 2009 Island Solar Energy, LLC