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New York is investing in the promotion of solar power, creating some great incentives and opportunities for homeowners. From special loans to state programs, learn more about what's available for you.1
Some municipalities in the state offer additional incentives for those looking to improve their relationship with the sun. Find out what is available in your community.
The following counties/cities offer exemption from state and local sales and use taxes8:
New York City
Oneida County (excluding Rome and Utica)
Tompkins County (excluding Ithaca)
Warren County (excluding Glens Falls)
Westchester County (excluding Mount Vernon, New Rochelle, White Plains and Yonkers)
New York is moving away from net metering, a system that allows you to sell excess renewable energy that you create back to your utility company. However, a similar system is taking its place. The new tariff, called the "Value of Distributed Energy Resources," or "VDER," works very similarly to net metering, while also taking factors into account such as your system's location and the time the energy is generated. This helps when calculating the amount you will be paid for the energy you sell.9
You may have heard of PACE (Property Assessed Clean Energy) Financing, and be wondering whether you are eligible.10 New York does not offer PACE financing at the residential level - only at the commercial level.11
As a way to promote clean and renewable energy, the federal government has put in place two nationwide solar incentives that are available to New York residents. Homeowners should apply for them shortly after installation is complete. Your LG PRO installer can help you understand these incentives and how to apply.
There are many great incentives that can help you let the sun love your home. We can help you find out which incentives apply to you and take the next step on your solar journey.
1. New York State. "Solar Energy in New York". New York State Department of Environmental
Conservation. New York State. n.d.
www.dec.ny.gov/energy/43231.html. 10 Dec. 2018.
2. New York State. "Solar Energy System Equipment Credit". New York State Department of Taxation
and Finance. New York State. 21 Jun. 2017.
www.tax.ny.gov/pit/credits/solar_energy_system_equipment_credit.htm. 12 Dec. 2018.
3. New York State. “New York: Sales Tax Exemptions for Solar Energy Systems - Avalara.”
4. “NY-Sun Residential/Nonresidential Incentive Program.” Cleantech Accelerator (PON 3875).
5. “NY-Sun.” Monthly Average Retail Price of Electricity - Residential - NYSERDA
6. “Department of Taxation and Finance.” Cigarette and Tobacco Products Tax
www.tax.ny.gov/research/property/assess/manuals/vol4/pt1/sec4_01/sec487.htm. 30 Nov. 2018.
7. “NYSERDA.” Monthly Average Retail Price of Electricity - Residential - NYSERDA
8. “Local Sales and Tax Rates on Sales and Installations of Residential Solar Energy Systems
Equipment.” New York State Department of Taxation and Finance
www.tax.ny.gov/pdf/publications/sales/pub718s.pdf. 12 Dec. 2018.
9. “Phase One VDR Tariff.” NY Solar Map
10. PACENation. "About PACENation". PACENation. PACENation. n.d.
pacenation.us/about/. 30 Nov. 2018.
11. “Solar Investment Tax Credit”. SEIA. Web:
www.seia.org/initiatives/solar-investment-tax-credit-itc. 11 Apr. 2019.
12. Federal Government of the United States. . "Title 26 - Internal Revenue Code". Federal
Government of the United States. Federal Government of the United States. p.520. n.d.
www.gpo.gov/fdsys/pkg/USCODE-2011-title26/pdf/USCODE-2011-title26-subtitleA-chap1-subchapB-partIII-sec136.pdf. 10 Dec. 2018.
Because life waits for no one, at LG USA we create consumer electronics, appliances and mobile devices that are designed to help you connect with those who matter most. Whether that means cooking a nutritious, delicious meal for your family, staying connected on-the-go, sharing your favorite photos, watching a movie with your kids or creating a clean, comfortable place to celebrate the moments that matter, we'll be there for you every step of the way.
Designed with you in mind, LG products offer innovative solutions to make life good. With intuitive, responsive controls, sleek, stylish designs, and eco-friendly features, our collection gives you the power to do more at home and on the go. It includes:
Mobile: To help you stay connected your way, our mobile devices feature powerful smartphones, slim tablets and stylish smartwatches that fit seamlessly into your life. And whether you want to download the latest apps, shop online, text, track your fitness or just surf the web, they make it easy to do it all on-the-go.
TV/Audio/Video: If you can't get enough of your favorite sports, the latest movies, love 3D entertainment -- or just want to listen to your favorite music in stunning clarity -- our newest electronics can help you experience it all in a whole new way. Featuring brilliant pictures, lifelike colors and sound that envelop you from the very first note, our collection will transform your living room into a stunning home theater.
Appliances: Created to help you enjoy more of what life has to offer, our appliance collection features ranges and ovens that can help you cook healthy, delicious meals more efficiently, clean your dishes faster, do more laundry in less time, and even clean and cool your house so you can enjoy a comfortable space all year long.
Computer Products: Life happens in an analog environment -- and on a digital plane. And our newest computer products can help you experience the best of both worlds. Designed to give you crystal-clear images, deep blacks and rich colors, plus the speed and storage you need to work and play, safeguard memories and protect important documents, they can help you make the most of life in every way.
Explore our complete collection of LG electronics, mobile devices, appliances and home entertainment solutions -- and find everything you need to connect with your friends and family, no matter where they are.