So it seems Good Things really do come to those who wait! (or is it "Time and tide wait for no man"...?)
Had a great call with our Solar Contractor who re-quoted our Solar PV system based on the new Federal and State incentives available for Solar Photovoltaic electric panels.
Turns out, there are a number of changes to the incentives that really make a difference in moving forward. Of course, there is still some silliness (like not being able to take a Solar PV and Solar Hot Water incentive in the same year - ugh). Nevertheless, we are excited to see the government put (our!) money in the right places.
Summary:
- Federal =Government Offers an uncapped 30% Tax Credit for cost of system
- NYC = Property Tax Abatement - 35% of Post Rebate Cost - Over 4 Years
- NYS = Offers 25% Credit of the Customer Final Payment up to $5,000
- Utility Rebate = NYSERDA Rebate for Solar Electric System (Currently $3.00 per watt)
In our case, that leaves the Net cost to us, after 4 years at under $5,000. w00t!
It's time to go and get your Solar On!
References: DSIRE Solar Incentives by State
Note that the Solar Thermal / Hot Water incentives haven't changed. Yet.
[where: 10032][where: Harlem][where: Sugar Hill]
2 comments:
hi
I am a Columbia Environmental Eng Professor, and am very impressed with what you are doing. I teach a freshman class called A Better Planet by Design
Students work on term projects in groups on "better solutions" for the planet and for everyday life
This year I have approximately 200 students in the class, and 1 group would like to work on a solar house -- passive and active solar.
I wonder if you would be amenable to showing what you are doing and talking to the group (3-5 students for the site visit).
Upmanu Lall
ula2@columbia.edu
ulall: thank you for the kind words, and we're happy to help.
We have been trying to chart a course of pragmatism when it comes to our Green renovation - combining design and sustainable practices.
I'll send you a note shortly so we can connect.
Best,
.//A.
Post a Comment