PON 1050-
Incentive Overview and Payment Guidelines
- Incentives are available on a first-come, first-served basis.
- Incentives will not be approved for systems already installed (partially or completely).
- The approved incentive amount will appear on the approval letter that Eligible Installers and customers received directly from NYSERDA. This amount will not change assuming your PV System is
- Incentives are only available to Eligible Installers and must be passed on to customers. Incentives will not be provided directly to customers purchasing or installing PV Systems. The full amount of the approved NYSERDA incentive must appear in the customer purchase agreement.
- Incentives are only available for new equipment and PV Systems that have not been installed (partially or completely) prior to NYSERDA approval of an incentive application submitted in accordance with the terms and conditions of this Incentive Program.
- Incentives are capped at 10 kW for residential customers and 50 kW per site or meter for non-residential customers. Exceptions that demonstrate significant public benefit consistent with NYSERDA’s program objectives may be considered on a case-by-case basis. The cap includes PV Systems already installed under PON 716. Residential or non-residential status is determined by the electric utility.
- PV Systems must be sized to meet specific on-site electric needs (local or demand). PV System output cannot exceed 110% of the demonstrated annual historical energy demand for the site, taking into account any other on-site electrical power generation systems. Incentive applications for PV Systems that are sized to produce significantly more energy than the customer uses may be rejected or the incentive amount may be reduced to the incentive level that would be provided for a PV System that would produce an amount of energy that matches the customer’s usage.
- System sizes may be greater than the maximum size allowed for incentives, however, the incentives will be provided only for the eligible portion of the PV System.
- NYSERDA reserves the right to limit the number of incentives per customer/site.
- Incentives are based on direct current module ratings at standard test conditions.
- All potential system output losses (kilowatt hours or kWh generated after all equipment losses are applied) associated with shading, system orientation, tilt angle, etc., must be analyzed and detailed for each PV System by the Eligible Installer. Such losses must be detailed in each application package using industry accepted shading and orientation tools, verifiable assumptions and calculations. If your system is shaded by trees, faces east, west, or north, or is installed on a flat roof, the kWh output of your PV System will be less than ideal. In cases where trees or any other obstruction must be removed or moved in order to meet the program rules, incentive payment will not be made until a new shading analysis has been submitted and reviewed by NYSERDA. Photos may also be required in order to determine that the system meets the shading and orientation requirement. All impacts on system output must be quantified and are considered during the review of applications submitted by the Eligible Installer. Incentives are reduced in proportion to output loses when loses from factors such as shading and orientation exceed 20% for a traditional PV System and 40% for building integrated PV Systems.
- Incentive levels may be changed at any time while the incentive is open. Any revisions in the incentive or incentive levels will be posted on NYSERDA’s website.
installed, as approved, and within the Terms and Conditions of NYSERDA’s PV Program.
PON 1050 Incentive Overview and Guidelines Section 2
- For commercial incentives may be combined with loan assistance from NYSERDA through the NYS Energy $mart Loan Fund SM to the extent they are available.
- Customers may also be eligible for State and federal tax credits.
- Additional financial assistance may be considered, on a case-by-case basis, for unique or unforeseen issues related to New York State interconnection requirements or other issues for approved installations.
Clean Power Estimator has been designed to help estimate system costs for you. The Clean Power Estimator takes into account NYSERDA incentives and potential tax credits. The Clean Power Estimator can be located at http://nyserdaweb.cleanpowerestimator.com/nyserdaweb.htm
Incentive Amounts
Residential (as determined by your utility) – Incentives available for systems up to 10 kW
Standard Residential Systems
- $4.00 per watt or $4,000 per kW for standard residential systems up to the first 5 kW and $3.00 per watt or $3,000 per kW after the first 5 kW up to a maximum of 10 kW per site/meter. For example: If you have a 6 kW residential system you may be eligible to receive $4,000 per kW for the first 5 kW: $4,000 x 5 kW = $20,000. Then, you receive $3,000 per KW for the next kW: or $3,000 x 1 KW= $3,000. Add the two together to get your total funding: Total incentive = $23,000.
New York State ENERGY STAR® Labeled Homes
Non-Residential - Incentives available for systems up to 50 kW
- $4.50 per watt or $4,500 per kW for systems that are installed on houses participating in the New York ENERGY STAR® Labeled Home Program up to the first 5 kW; $3.50 per watt or $3,500 per kW after the first 5 kW up to a maximum of 10 kW per site/meter. To be qualified at this incentive level, the system must be installed by an Eligible Installer, the builder must be a participating builder in the New York ENERGY STAR® Labeled Home Program, and the home must be registered with the New York State Builders Association. Visit www.GetEnergySmart.org for more information.
Building Integrated PV Systems
- $4.50 per watt or $4,500 per kW for building integrated PV (BIPV) for residential customers up to 5 kW and $3.50 per watt or $3,500 per kW after the first 5 kW up to a maximum of 10 kW per site/meter. A BIPV system generates electricity while also serving as an integral building component. To be considered building-integrated, a system must obviate the need for a conventional building material (e.g. asphalt shingles), and cannot merely apply energy generating capability to another building component at the site.
Non–Residential Systems
- $4.00 per Watt or $4,000 per kW for non-residential systems up to the first 25 kW and $3.00 per watt or $3,00 per kW after the first 25 kW up to a total of 50 kW per site/meter. For example the incentive for a 30 kW PV System would be $115,000.
Building Integrated PV Systems
- $4.50 per Watt or $4,500 per kW for non-residential BIPV up to the first 25 kW; $3.50 per watt or $3,500 per kW after the first 25 kW up to a total of 50 kW per site/meter.
School, Not for Profit, and Government Systems
- $5.00 per Watt or $5,000 per kW for schools, not for profit organizations, municipalities, and state/federal agencies up to the first 25 kW, $4.00 per watt or $4,000 per kW after the first 25 kW up to a total of 50 kW per site/meter. Not for Profits must submit a signed copy of IRS Tax Form 990 or other evidence of not for profit status to be eligible for this enhanced incentive.
PON 1050 Incentive Overview and Guidelines Section 2
INCENTIVE PAYMENTS
Incentives will be paid to Eligible Installers in two increments and will be tied to specific installation milestones. The first incentive payment, or 75% of the total incentive amount approved by NYSERDA, will be paid after all approved system components have been delivered to a customer’s site, all permits and approvals have been obtained, and Attachment D is completed, submitted, and approved by NYSERDA. Eligible Installers have 90 days from the date the initial invoice is approved by NYSERDA to complete the installation.
• Any system modifications or equipment changes must be approved by NYSERDA in writing before a system is installed. Failure to get NYSERDA approval on any and all modifications may result in revocation of the incentive reservation or nonpayment of the incentive.
• The second incentive payment, or the remaining 25% of the total incentive amount approved by NYSERDA, will be paid after a PV System has been connected to the utility grid, inspected by all authorities having jurisdiction, and/or inspected by NYSERDA or its representatives, and Attachment E has been completed, submitted and approved by NYSERDA. Installers must provide a list of names for all primary crew members working on the installation with the Final Payment paperwork (Attachment F).
• Documentation for all applicable utility, state, city, town, and other inspections and approvals must be provided with Attachments D, E and F as appropriate.
• Where necessary, NYSERDA reserves the right to structure incentive payments differently to accommodate unique situations as determined by NYSERDA.
• New York ENERGY STAR® Labeled Homes - At the time of Final Payment, if a home in the New York ENERGY STAR® Labeled Home has not been registered with the New York State Builders Association, the final payment will be paid at the $4.00 per watt incentive level. Once the home has been registered and confirmed, the remaining $.50 per watt incentive level will be paid once Attachment G has been filled out and submitted to NYSERDA.
Net Metering Systems in New York State for photovoltaic's, and wind electric systems are eligible for NYS tax credits. Below you will find links for your tax credits!
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FEDERAL SOLAR TAX CREDIT
Residential
Solar water heating property must be certified by SRCC or by comparable entity endorsed by the state. At least half the energy used to heat the dwelling's water must be from solar in order for the solar water heating property expenditures to be eligible. Excess credit may be carried forward to succeeding tax year. $2,000 for solar electric and solar water heating; $500 per 0.5 kW for fuel cells. Note: IRS Form 5695 & Instructions: Residential Energy Credits for Tax Year 2007 are now available. Also note that the federal tax credits for home energy-efficiency improvements under 26 USC § 25C expired on 12/31/07, but the solar and fuel cell tax credits are available through 12/31/08.
NEW YORK STATE TAX CREDIT
IT-255 (PDF)
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