Blackouts that have hit New York in the past decade.1
NY’s residential electricity rates vs. other states.2
New York is in the top ten states in the U.S. for solar.3
The Empire State’s sunshine is strong for solar. New York solar panels and home batteries already create enough electricity to power almost 300,000 homes.1 Plus, the cost of solar panels keeps falling.4 Teaming up with a New York solar company like Sunrun is one of the smartest moves you can make to get outage protection, control your electricity bills and reduce your carbon footprint.
Incentive | Value |
---|---|
Federal Solar Investment Tax Credit** | 26% federal solar tax credit is available for home solar systems installed by December 31, 2022 |
New York State Solar Energy System Equipment Credit |
25% of the final cost of the home solar system. (Up to $5,000) |
NY-Sun Megawatt (MW) Block Program |
Eligible homeowners can receive up to $1,000 for every kilowatt (kW) of solar power installed.8 |
Solar Electric Generating System Tax Abatement (SEGS) |
Property tax exemption on the added home value from the home solar system.9 |
Sales Tax Exemption | 4% home solar system state sales tax exemption.10 |
Learn More About New York Solar Incentives |
†Customer’s ability to monetize rebates, incentives, and tax credits depends on several factors, including, without limitation, continued state subsidization of these policies, the applicable Sunrun product type, and whether a customer purchases or leases a home solar system from Sunrun.
Each Sunrun solar plan has unique advantages, but regardless of whether you choose to lease or own your solar panels — with or without a home battery — we’re here to ensure you can go solar in the most straightforward way. We’ll even take care of the paperwork whenever possible.
Lease new Sunrun solar panels for as little as $0 down. Predictable low monthly payments and our industry-leading Sunrun Guarantee.
Lease your New York solar panels by making one upfront payment for up to 25 years of energy costs at a low rate. There are no monthly bills, and it’s backed by our Sunrun Guarantee.
Own a home solar system in New York and build home equity. You’ll qualify for a federal tax credit**6 and a state tax credit7, as well as property and sales tax exemptions.
As the nation’s leading residential solar, storage and energy services company,5 we work so everyone can create and store their own solar power at home. Check out which of our solar plans is the best match for your budget and energy needs.
Extreme weather events continue to affect the East Coast. With Brightbox, you can prepare for the unexpected.
Our NY solar battery storage service can keep your devices and appliances running when the power goes out for up to 12 hours.*
It automatically turns on during an outage and will recharge every time the sun is out until the grid is restored.
When Brigthbox is installed, you can decide what rooms and appliances will stay on during an outage.
Brightbox monthly plans include 24/7 proactive monitoring and maintenance to ensure your system is working smoothly.
Brightbox is more than just a solar battery; it’s a comprehensive energy storage service that puts you in control.
Battery
Provides backups automatically
and refueled by the sun
Battery
No emissions
Battery
Quiet
Battery
Clean and renewable
Battery
10 or 25 year warranty
Generator
Requires gas
Generator
Emits hazardous gasses
Generator
Noisy
Generator
Dirty and polluting
Generator
3-5 year warranty
State electricity generation that will come from clean energy sources by 2040.11
Cut in greenhouse gas (GHG) emissions by 2050.11
Installing solar panels and a home battery in NY won’t just reduce your carbon emissions. With New York’s Value of Distributed Energy Resources (VDER) program, you can earn bill credits for the excess solar energy you produce12 to boost control over your electric bills. In other states, this arrangement is known as net metering.
Want to learn more about the benefits of home solar? Start by requesting a free, personalized solar quote to see if Sunrun is a good match for you. Together, we can ensure New York’s energy future is bright for everyone.
DISCLAIMERS:
* Hours reflect a full battery with a minimum 20% capacity held in reserve.
**We recommend contacting a tax professional to most accurately determine the impact of the solar Investment Tax Credit (ITC) on your federal taxes.
1. http://electricalsector.eaton.com/forms/BlackoutTrackerAnnualReport
2. https://www.electricitylocal.com/states/new-york/
3. https://www.seia.org/state-solar-policy/new-york-solar
4. https://www.businessinsider.com/solar-power-cost-decrease-2018-5
5. https://cleantechnica.com/2018/10/19/sunrun-ranked-as-leading-residentia...
6. https://www.seia.org/initiatives/solar-investment-tax-credit-itc
7. https://www.tax.ny.gov/pit/credits/solar_energy_system_equipment_credit.htm
8. https://www.energysage.com/solar-panels/solar-rebates-incentives/ny/
9. https://www1.nyc.gov/site/finance/benefits/landlords-solar-roof.page