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The Sun. Clean, Safe,
Renewable. Why Not?

The available financial incentives for solar are vast. We can explain these incentives in a simple and easy to understand format. As each individual and business situation is different, some of these incentives may involve the need of consultation with your tax professional. The essential financial and tax incentives are explained below:
  1. 30% Federal income tax credit (individual and business). Customer takes advantage of this benefit which is applied against the total solar installation cost on filing of income tax return. This is arguably the most important incentive for solar power as it is a dollar for dollar credit against your tax and not a deduction against your income.
  2. State income tax credits. These will vary by state. For example, New York State allows for a 25% state income tax credit, up to a maximum of $5,000, for individuals only.
  3. State rebates and grants. These vary by state as well. As an offset to your upfront cost, many states have programs available for individuals and businesses. In New York State, NYSERDA through its NY-Sun program has incentive programs that support solar projects for homes, commercial and industrial companies, multifamily buildings, small commercial, not-for profit and municipal buildings. BlueRock Solar is here to explain these programs and we will handle the necessary paperwork and compliance involved as a value-added benefit.