Efficiency & LIPARebates and Incentives
LIPA Wind Rebate for Commercial Customers
- $3.50 per kilowatt hour (kWh) for the first 16,000 kWh produced annually.
- $ .50 per kilowatt hour (kWh) thereafter up to a maximum of 175,200 kWh annually. *
- Must be a commercial 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: $135,600
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% Commercial 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.
- To download the Federal Tax Credit form please visit http://www.irs.gov/formspubs.
