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    • Take time to carefully review and compare the proposals, including the financing options. The proposals may contain purchase and/or lease and power purchase agreement (PPA) options or may offer additional financing options. Discuss who is responsible for obtaining and paying for any and all permits, inspections, and approvals with your contractor before you sign.
    • Verify all numbers used in the energy analysis and proposal. Have an accountant or tax professional verify that you are eligible for any tax credits.
    • Determine whether installing solar will affect your property taxes. New York State Real Property Tax Law 487 provides a 15-year real property tax exemption for renewable energy systems. However, some municipalities and school districts have opted out of the exemption, meaning residents who install solar may have to pay additional property taxes. To determine if your municipality has opted out of RPTL 487, call your local tax assessor's office. See the list of municipalities that have opted outLink opens in new window - close new window to return to this page..

    www.nyserda.ny.gov/All-Programs/Programs/NY-Sun/Solar-for-Your-Home/How-to-Go-Solar/Find-a-contractor/More-Information/Review-Contractor-Proposals
    Last Modified: 3/20/2018

    • Take time to carefully review and compare the proposals, including the financing options. The proposals may contain unique payment options—be sure to understand the terms of the offer. Discuss who is responsible for obtaining and paying for any and all permits, inspections, and approvals with your contractor before you sign. These responsibilities should be addressed in a written agreement with your contractor.
    • Verify all numbers used in the energy analysis and proposal. Have an accountant or tax professional verify if you are eligible for any possible tax credits.
    • Determine whether installing solar will affect your property taxes. New York State Real Property Tax Law (RPTL) 487 provides a 15-year real property tax exemption for renewable energy systems. However, some municipalities and school districts have opted out of the exemption, meaning residents who install solar may have to pay additional property taxes. To determine if your municipality has opted out of RPTL 487, call your local tax assessor’s office. See the list of municipalities that have opted outLink opens in new window - close new window to return to this page..

    www.nyserda.ny.gov/All-Programs/Programs/NY-Sun/Solar-for-Your-Business/How-to-Go-Solar/Find-a-contractor/More-Information/Review-Contractor-Proposals
    Last Modified: 3/20/2018

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