State Solar Credits
& Incentives
NEW YORK STATE
Solar INCOME Tax Credit
New York State also contributes in the form of a state income tax credit. The tax credit is 25% of the entire gross system cost (including labor) up to a maximum of $5,000. This is also a dollar-for-dollar return on investment and is a reimbursement of your tax dollars of your State Income Taxes. Generally all of our customers have been able to claim most or all of the full $5,000 state credit per home.
For more information and to see what the actual NY State form looks like, you can click the PDF below to download it!
The New Jersey ADI (Administratively Determined Incentive) Program is a state incentive that rewards homeowners and businesses for generating clean electricity with their solar panels. After a qualifying solar system is installed and approved, the system earns one incentive for every megawatt-hour (1,000 kWh) of electricity it produces. These incentives can then be sold for cash, providing an additional source of income on top of the savings from lower electric bills. The program is designed to make going solar more affordable and help homeowners recover part of their investment over time. Incentive values are set by the state and vary depending on the type of solar project.