Benefits of NYSERDA’s solar programs

In New York State, NYSERDA plays a pivotal role in promoting solar energy adoption among commercial enterprises. As per the company, NYSERDA, a public-benefit corporation, offers diverse incentives and rebate programs to make solar investments accessible and cost-effective. These initiatives aim to reduce long-term electricity expenses, stabilize energy costs, and decrease carbon footprints by transitioning from fossil fuels to clean energy sources. Key programs include the NY-Sun Commercial and Industrial Incentive Program, tailored by project size and production capacity, and the NY-Sun Megawatt Block Incentive Program, supporting larger-scale installations across regions. These incentives are complemented by federal Investment Tax Credits (ITC), particularly beneficial for mid-market businesses engaged in solar solutions like rooftop lease programs. Eligibility requires meeting criteria on system size, performance, and regulatory compliance.