Incentives for Solar Power Abound

naju1-300x252No doubt that solar power is a rising component of the world’s energy supply. The main incentives for photovoltaic type PV are improving technology, dropping manufacturing prices and continuing government support through tax credits and renewable portfolios.

We’ll keep a close tab on these developments on the Pterra Blog. For now, here is an incentive for solar developers in New York:

The New York State Energy Research and Development Authority (NYSERDA) provides cash incentives for the installation by Eligible Installers of new grid-connected Solar Electric or Photovoltaic (PV) systems that are 7kW or less for residential, 25kW or less for not-for-profit and 50 kW or less for commercial sites. Funding for the Solar Electric Incentive Program (“Program”) has been allocated by the New York State Renewable Portfolio Standard. The goal of the program is to install 82 MW or 93,806 MWhs of Solar Electric Power systems. Incentives will be granted on a first-come, first-served basis, and PV incentive applications will be accepted through December 31, 2015, or until funds are fully committed, whichever comes first.

For more info, follow this link.