NYSERDA Incentives
NYSERDA PV Rebates Written by Administrator
Sectors Included in PON 1050: Commercial, Industrial, Residential, Nonprofits, Schools, Local Government, State Government, Institutional, (Must be customer of investor-owned utility in NY)Amount of Rebates: $1.75 watt DC. Varies by sector, installed capacity, and system type; Incentive may be reduced for potential production losses associated with shading, system orientation, tilt angle, and other factors Incentive Caps: Maximum determined by sector and incentive amounts. Residential: $24,000; Non-residential: $200,000 Non-profit, gov't, schools: $112,500; Numbers above include bonus incentives for BIPV, Energy Star Homes Limited Size: None specified, but systems may not exceed 110% of demonstrated energy demand. Green Credits: NYSERDA for first 3 years of system operation, thereafter customer/generator NYSERDA CAPS REBATES AT NO MORE THAN 50 PERCENT OF THE COST OF A SYSTEM Note: On October 13, 2009, NYSERDA issued a letter to eligible photovoltaic (PV) installers informing them that high program demand compelled them to reduce incentive levels, effective immediately. This summary reflects these changes, which have reduced residential and commercial incentives by $0.50 per watt, and incentives for non-profits by $1.00 per watt.
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Clean Power Finance
