Connect with us

Hi, what are you looking for?

CleanTechnica

Clean Power

New Affordable Solar Program Doubles Incentives For Low-Income New York Homes

Originally published on Solar Love.

Low- to mid-income New York residents will find it a bit easier, financially-speaking, to get a home solar power system, thanks to the launch of a new program from NY-Sun called, aptly enough Affordable Solar. This program will effectively double the incentives for solar installations on homes owned by low- to moderate-income New Yorkers in a bid to expand renewable energy in residential settings in support of Governor Cuomo’s Reforming the Energy Vision (REV) goals.

new-york-solarNY-Sun, the Empire State’s solar initiative, is administering the program, which was announced by the New York State Energy Research and Development Authority (NYSERDA) yesterday, and which is expected to initially support up to 4,500 new residential solar projects. These low- to moderate-income homeowners, earning less than 80% of the area or State median income, are typically shut out of the solar revolution due to lack of access to adequate capital to buy a system, even as these same residents would greatly benefit from the lower electricity bills that a home solar array could deliver.

“Affordable Solar expands solar energy to households most in need of the electricity cost reductions that solar provides and enables them to participate in Governor Cuomo’s REV strategy. We expect to see strong interest in this program from solar installers and residents.” – John B. Rhodes, President and CEO, NYSERDA

According to NYSERDA, the current residential solar incentives range from 20 cents per watt to 60 cents per watt, depending on the location, and these incentives will increase to 40 cents per watt and $1.20 per watt, respectively, under the new Affordable Solar program.

Participants in the New York Affordable Solar program will go through a standard household income verification process, as well as an energy efficiency assessment of the home’s electricity use, which may identify a need for a more efficient water heater or lighting system to reduce electricity consumption, and those upgrades will be done to the homes before a solar array is installed.

The Affordable Solar program will be able to spend up to $13 million toward the goal of greater solar electric participation by low- to moderate income residents, of which half will be used to cover the doubled incentives, and the other half will be retained to be used for shared solar projects in the future, which will benefit renters and other potential solar users.

Image: Democracy Chronicles

Reprinted with permission.

 
Appreciate CleanTechnica’s originality? Consider becoming a CleanTechnica Member, Supporter, Technician, or Ambassador — or a patron on Patreon.
 
 

Advertisement
 
Have a tip for CleanTechnica, want to advertise, or want to suggest a guest for our CleanTech Talk podcast? Contact us here.

Written By

Derek lives in southwestern New Mexico and digs bicycles, simple living, fungi, organic gardening, sustainable lifestyle design, bouldering, and permaculture. He loves fresh roasted chiles, peanut butter on everything, and buckets of coffee. Catch up with Derek on Twitter, Google+, or at his natural parenting site, Natural Papa!

Comments

#1 most loved electric vehicle, solar energy, and battery news & analysis site in the world.

 

Support our work today!

Power CleanTechnica: $3/Month

Tesla News Solar News EV News Data Reports

Advertisement

Advertisement

Advertisement

Tesla News

EV Reviews

Home Efficiency

You May Also Like

Clean Power

The lease sale in the New York Bight would be the first step in a years-long process to erect offshore wind turbines in the...

Clean Power

Another sign that coal is toast: New York State stakes another $500 million to beat its East Coast rivals to the offshore wind energy...

Clean Transport

By Kathy Harris & Patricio Portillo New York is closing out 2021 with a big climate and clean air win — becoming the fifth state in the...

Clean Power

In February 2020, before Covid came to the US, I wrote this article predicting that Tesla would most likely meet its April hiring deadline...

Copyright © 2021 CleanTechnica. The content produced by this site is for entertainment purposes only. Opinions and comments published on this site may not be sanctioned by and do not necessarily represent the views of CleanTechnica, its owners, sponsors, affiliates, or subsidiaries.