Green Innovations

Developing renewable and clean technology companies in New York

Thursday, August 12, 2010

NYSERDA's Solar PV program

The New York State Energy Research and Development Authority (NYSERDA) is providing a cash incentive for the installation of grid-connected solar electric/solar photovoltaic systems by installers who have signed an eligible installer agreement and have shown technical competence in the field. The incentives will cover 25-35% of total installation costs for residential systems of 7kW or less, not-for-profit systems of 25kW or less and commercial systems of 50kW or less.

A total of $132 million is available through the New York State Renewable Portfolio Standard and will be given out on a first-come first-serve basis through December 15, 2015. NYSERDA hopes the program will spur a state total of 82 MW of solar electric power.

For more information on the Solar PV Program visit http://www.nyserda.org/funding/2112summary.pdf.