The New York State Energy Research and Development
Authority (NYSERDA), through the New York State Energy $martSM
program, is providing incentives of $1.75 per
watt for the installation of approved, grid-connected,
PV systems up to 50kW. Under the NYSERDA program, cash
incentives are only available for PV systems purchased
through an eligible installer. All Incentives are
subject to approval by NYSERDA. As an eligible
installer, Kirk Herander of Vermont Solar Engineering is
authorized to apply for incentives for approved systems
for eligible customers. Eligible customers are those who
pay into the New York State System Benefits Charge
(SBC).
Contact us at info@vtsolar.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:
$
1.75 per watt, up to 5kW, for residential grid-connected systems. Maximum system size is 5 kW.
$
1.75 per watt, up to 50kW, for commercial grid-connected systems. Maximum system size is 50kW
$1.75 per watt, up to 25kW, for non-profit grid-connected systems. Maximum system size is 25kW.
*1kW = 1,000W
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Sample Utility-Intertie
2kW PV System Costs
Retail value of system: $
18,000
Actual system cost after
NYSERDA incentive:
$
1.75 per watt rebate: $ 14,500
19% 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. |