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The new york solar tax credit can reduce your state tax payments by up to 5 000 or 25 off your total solar energy expenses whichever is lower. The great advantages of the solar equipment tax credit are twofold. How solar works for you. With this program you start saving the moment your new solar panels are turned on.

The state offers a balanced mix of good solar incentives and relatively high electricity prices that makes home solar in new york a very attractive financial investment. Another option for practically free solar panels in ny is to take out a loan. Solar is more accessible and affordable than ever before. Plus since you own the panels you get to claim tax credits and other incentives to bring the total loan amount down.

Over 86 000 homes in new york state are powered by solar energy. It works like this. Solar panels can be mounted on either the roof of your home or to the ground wherever conditions are best on your property. Again you pay 0 down.

It applies to you even if you went solar with a lease or. Take out a 5 to 20 year loan with no down payment required. Solar power offers homeowners and renters many benefits including. New york solar power overview.

There are several ways to get solar for your home. Saving money through reduced electricity bills. See if your home qualifies. Installing solar at your home is a simple and quick process.

Rooftop solar offers you a way to harness the power of the sun through panels installed on the roof of your home garage or other buildings on your property.

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