NY-Sun makes going solar easier and more affordable for New York residents. We offer incentives and financing options to lower the cost of purchasing and installing solar at home.
Incentives
NY-Sun works directly with solar contractors and developers to offset the cost for New York residents to go solar. Incentives are provided directly to your selected contractor and vary throughout the State. You will need to work with a NYSERDA-approved participating contractor to find out if you are eligible for NY-Sun incentives.
We offer additional incentives to some homeowners through Affordable Solar, which doubles the amount received for households earning less than 80 percent of the median income in the area. Affordable Solar works just like other NY-Sun incentives, except it requires minor low-cost energy efficiency upgrades to your home and a complete Affordable Solar Incentive Eligibility Application [PDF]. You can fill out and submit the application on your own or work with your contractor.
To find out what incentives you may be eligible for, find a participating contractor in New York State.
Financing Options
In addition to incentives, NY-Sun offers two loan options for residents: On-Bill Recovery and Smart Energy loans. Loan amounts are available from $1,500 to $25,000 with loan terms of five, 10, or 15 years to help New York residents finance solar installation.
For additional information about residential financing, we encourage you to consult the New York Homeowner’s Guide to Solar Financing: Loans, Leases, and PPAs [PDF]