The New York State Energy Research and Development
Authority (NYSERDA) is now providing incentives of $4.00
to $5.00 per watt for the installation of approved,
grid-connected, PV systems up to 15kW!
Under the NYSERDA program, incentives are available to
eligible installers; Vermont Solar Engineering is an
eligible installer. The total incentive must be
passed along to customers participating in the program.
Eligible customers are those who pay into the New York
State System Benefits Charge. Contact us at sales@backeastsolar.com
or 1-800-286-1252 for a free customized system design
and quote or for more information on this exciting
program.
Incentives are based on direct current module ratings at
standard test conditions and are:
$
4.00 per watt for grid-connected systems that are
eligible for net-metering
$
4.50 per watt for grid-connected systems that are
eligible for net-metering and installed on New York
Energy Star® -Labeled Homes
$
5.00 per watt for all grid-connected systems that are
not eligible for net-metering (with the incentive for
systems capped at 70% of total installed costs for
systems 10kW-15kW)
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Sample Utility-Intertie
2kW PV System Costs
Retail value of system: $
18,000
Actual system cost after
NYSERDA incentive:
$
4.00 per watt rebate: $ 10,000
44% savings
$
4.50 per watt rebate: $ 9,000
50% savings
$
5.00 per watt rebate: $ 8,000
55% savings |
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PV incentives are available for all
grid-connected end-uses (building or non-building) and
sectors including, but not limited to, residential,
commercial, industrial, agricultural, institutional,
educational and non-for-profit facilities, and
government-owned buildings. Incentives provided to
customers under this program may not be combined with
any other incentive programs offered by NYSERDA, such as
a $/watt incentive, designed to directly offset the cost
of a PV installation. All systems, system components,
and installations must comply with all applicable laws,
regulations, codes, licensing and permit requirements,
including but not limited to, the New York State
Building Code, the National Electric Code, New York
State’s Standard Interconnection Requirements and all
applicable local ordinances. Additional requirements
apply, including a 5-year PV system warranty to the
purchaser. All systems must meet the requirements of
NYSERDA's PON 716 and are subject to review and approval
by NYSERDA. |
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