Quick Guide to Solar Incentives in New York

Quick Guide to Solar Incentives in New York

The New York-Sun Megawatt Block Program is the most popular solar incentive in New York. It has residential rebates based on solar system specific payments for commercial projects, and even adders for community solar development. Homeowners may earn thousands of dollars via the Megawatt Block program to help lower the initial and installation costs, making it one of the primary reasons why going solar in New York is such a significant investment.

The Megawatt Block incentives are integral to the NY-Sun project, as the program designed by the New York State Energy Research and Development Authority (NYSERDA) to make renewable energy more available to New Yorkers. In addition to offering incentives, NY-Sun also aids in project financing and education and provides resources to local governments to assist in accomplishing initiative goals.

The Megawatt Block Incentive Program

Based on their location and the wattage of their solar panel system, the Megawatt Block program offers incentives to home and business owners who install solar panels. We’re going to focus on the motivations for residential solar projects.

NY-Sun splits the state into three regions, each receiving different funding for the Megawatt Block incentives. The regions are:

  • Con Edison
  • Upstate
  • Long Island

The incentive value will typically range from $1,000 to $3,000. But keep in mind that depending on the size of your system and the area you are in, you may receive a different exact incentive.

Is going solar in New York worth it?

New York is still one of the best places to go solar despite receiving less sunlight than other regions of the U.S. because of all the fantastic incentive programs, particularly the Megawatt Block program.

Installing solar panels in New York will never be a better investment than it is now. Use our state-of-the-art solar panel cost and savings calculator to see what incentives are available in your region and what type of electricity bill savings you may obtain when you power your house with clean, renewable energy.