Solar Rebates & Incentives.

With LIPA's rebate,  along with New York State's Solar Tax Credit and Federal Tax incentives, homeowners can significantly reduce the cost of purchasing a PV system.

LIPA Rebate for Homeowners

  • $3.50  per watt from 250 watts to 10 kW with a maximum of $35,000*
  • Must be a residential electric customer located in LIPA service territory
  • LIPA rebates are valid only for new grid-connected PV systems
  • Rebates are on a first-come, first-serve basis pending application pre-approval by LIPA
  • Download the Solar Pioneer Rebate Form
  • Download the Assignment Form

*The Maximum Rebate paid by LIPA per metered account will not exceed 10kW DC or 50% of the installed costs, whichever is less. The size of the PV System cannot exceed 105% of the Customers annual energy (kWh) for the prior 12 months.

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
  • Download the Federal Tax Credit Form

New York State Incentives

New York State Real Property Tax Law

  • 15 year real property tax exemption for installed PV 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.

County Incentives

  • Sales tax FREE on PV equipment purchases in Nassau and Suffolk Counties

 

Last Updated: 11/10/2009