Solar

Solar Assistance

Don’t miss increased incentives, tax benefits, and personalized support to go solar.

There's Never Been a Better Time to Install Solar

Solar energy is a cost-effective, reliable, and environmentally sustainable investment that can help provide a brighter future for all of New York City. Solar panels generate electricity from the sun, reducing building operating expenses and carbon emissions. When you install solar, you can cut costs and bring your building into compliance with local laws. 

Take advantage of increased savings and long-term benefits of installing solar:   

  • Cover up to 70–90%* of installation costs with tax benefits and rebates
  • Comply with Local Laws 92, 94, and 97— NYC’s solar and carbon-reduction requirements
  • Save with a system designed to last for 25+ years

*Each building may be eligible for different incentives. Please contact NYC Accelerator to determine which incentives apply to your building type.   
 

NYC Accelerator Makes It Easy to Go Solar 

Work one-on-one with an expert to see if solar is right for your building. You’ll get: 

  • Free technical assistance from planning to installation
  • A free, custom assessment of feasibility and cost savings
  • Help assessing incentives, rebates, and tax credits
  • Connection to service providers and help unlocking competitive rates 

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Solar

Solar Savings

 

Increased Rebates

Current rebate levels are higher than ever before. For a limited time, NYSERDA provides rebates for solar on multifamily and commercial roofs based on project size. 




 

Tax Credits 

Cover at least 30% of upfront costs with the federal investment tax credit. Take advantage of New York State solar equipment tax credit to receive up to 25% of qualified expenditures, up to $5,000 per shareholder/owner. 

Tax Abatement

NYC offers property tax abatement up to 30% starting in 2024 for eligible buildings. 

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Learn More About Clean, Affordable Solar Power

 

Solar at Glance

See how NYC Accelerator can help you reduce operating expenses and bring your building into compliance with solar.
 

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How Solar Works

Find out how solar PV works and how it can provide clean, renewable energy generation to dramatically cut utility costs.
 

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Solar Success

Learn how one NYC building is enjoying the long-term benefits of investing in solar power.
 

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