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    Financial Incentives What incentives do you qualify for? By Lee Smith January 6, 2025
    American Solar Partners - What are the financial benefits of installing solar panels on my home?

    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.

    Own or Lease - Which is Best?

    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
    Bottom Line: a solar leasing company is just another utility –
    except they are getting you to buy free energy from the sun.