In the United States, homeowners are eligible to receive a federal tax credit for 30% of the total cost of their solar system’s installation. Other incentives and rebates vary from state to state, and New York offers great support for solar, including a state tax credit and a rebate administered by the state energy authority. In New York City, there is a property tax abatement that also helps pay for the system.
Our staff at American Solar Partners has extensive experience working with solar grant and incentive programs throughout the country. Contact us to find out what incentives are available in your area, or take our free solar estimate.
American Solar Partners only offers solar system ownership because ownership saves 3 times as much as leasing and increases a home’s value by up to $30,000. Leasing is simply replacing one utility with another and is subject to inevitable rate increases.
IF YOU LEASE | IF YOU OWN | |
---|---|---|
Federal Tax Credit | X | |
State Tax Credit | X | |
Grant (rebate) | X | |
Savings | 20 - 30% | 100% |
Average Savings Over 30 Years | $20,000 | $50,000 |
American Made Modules | X | |
IBEW Installed System | X | |
The Right To Sell the System When You Sell Your House |
X | |
Zero Out of Pocket | X | X |