Rebates and Incentives

 

LIPA Wind Rebate for Homeowners

  • $3.50 per kilowatt hour (kWh) up to 16,000 kWh produced annually. *
  • Must be a residential electric customer located in LIPA service territory.
  • Only new, grid connected, Wind Systems (on LIPA's approved equipment list) and current Public Service Commission type tested inverters are eligible for LIPA rebates.
  • New equipment must be installed according to manufacturer's specifications. Existing towers must have updated building permits or engineering drawings stamped by a New York State licensed Professional Engineer.
  • A system performance meter is required to measure the amount of energy production.
  • Rebates are on a first-come, first-serve basis pending application pre-approval by LIPA. **

* Or 60% of total installed costs, whichever is less
** Maximum rebate allowed per application: $56,000

Receiving your LIPA Rebate:

Because LIPA’s incentive is based on actual performance of your wind turbine at a specific location, all customers will be required to provide monthly energy output readings of their wind turbine’s actual output for the first year of operation. LIPA’s incentive program will be paid as follows:

  • Phase I: 65% of incentive paid at installation
  • Phase II: remaining 35% of incentive to be paid one (1) year after installation based on annual performance and output.

Federal Tax Incentive

  • 30% Residential Wind Investment Tax Credit through December 31, 2016.
  • Wind systems up to 100 kW are eligible to receive a 30% credit on net installed costs, no cap.
  • Download Federal Tax Credit formPDF

New York State Real Property Tax Law

  • 15 year real property tax exemption for installed residential small wind systems.
  • NOTE: Each County, City, Town, Village & School District on Long Island may choose to disallow the exemption as noted in the NYS Office of Real Property Services section 4.01 RPTL Section 487.

 

 

Last Updated: 10/02/2009