Businesses throughout New York can benefit from various programs offered by the state. Learn more about the different options your company can explore to maximize savings while promoting a more sustainable future.
Solar Incentives for New York Businesses
At Harvest Power, we work directly with NY-Sun, helping ensure that you pay the lowest price possible for your business’s solar installation. This saves you both time and money, as you will not need to apply for the rebate later on. Additionally, your business may be eligible for energy storage incentives.
Financing Your Solar Installation
There are three primary types of loans for businesses switching to solar power, including:
- Small business and not-for-profit on-bill recovery loans
- Small commercial participation loans
- EIC OPEN C-PACE
Solar Tax Credits for New York Businesses
Businesses that switch to solar are also eligible to receive clean energy tax credits, including:
- Commercial deprecation allowance
- Inflation Reduction Act Tax Credit
- New York State Real Property Tax Exemption
And if your business is located in New York City, you may be eligible for the New York City Real Property Tax Abatement Program.
Contact us today to learn more about how switching to solar can benefit your business.