Solar Financing
Solar Financing & Incentives in New York State
We walk you through New York’s solar tax credit and your financing options.
Solar Incentives & Financing Options
Flexible financing options mean you can go solar with $0 down and start saving from month one.
New York State offers a personal income tax credit of 25% of qualified solar energy system equipment costs, limited to $5,000, for a system at your principal residence.
For financing, we offer solar loans with terms of 10–25 years, often at rates competitive with a home equity loan. Monthly payments are typically lower than your current electric bill, so you save money from day one.
Available Incentives
NY State Tax Credit
New York State offers a personal income tax credit of 25% of qualified solar energy system equipment costs, limited to $5,000, for a system at your principal residence.
How It Works
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Savings Analysis
We calculate your specific incentive stack, project your savings, and show you the true cost after all credits and rebates.
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Financing Options
We present loan terms, compare monthly payments to your current electric bill, and find the best option for your situation.
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Paperwork Handled
We file all incentive applications, utility interconnection agreements, and permit applications. You sign — we do the work.
Frequently Asked Questions
What if I don’t owe enough in taxes for the full credit?
The New York State credit is not refundable, but any amount above the tax you owe can be carried over for up to five years. Consult your tax advisor for your specific situation.
Is $0 down financing available?
Yes. Solar loans with $0 down are widely available. Monthly payments are typically structured to be less than your current electric bill, so you save money from day one.