Yes! There are many:
1. New York State Historic Homeownership Rehabilitation Tax Credit
This program provides a state income tax credit equal to 20% of qualified rehabilitation costs for owner-occupied historic homes, up to $25,000 per taxpayer per year. To qualify the home must be owner-occupied and listed on the State or National Register of Historic Places (or sit in a registered historic district), and it must be in a census tract at or below 100% of the state family median income. Total work must exceed $5,000 with at least 5% spent on the exterior, and the panels must not be visible from the street. That last condition is the one solar actually turns on, and it is why we design to the rear roof.
2. New York State Solar Equipment Tax Credit
Homeowners can claim a tax credit equal to 25% of the total installed cost of a solar panel system, up to $5,000. This credit applies to both purchased and leased systems and can be combined with $0-down lease & prepaid-lease options for additional savings.
3. NY-Sun Incentive Program
Administered by the New York State Energy Research and Development Authority (NYSERDA), this program offers incentives and financing options to reduce the cost of installing solar panels. Incentives are provided directly to participating contractors, who pass the savings on to homeowners.
4. New York City Solar Property Tax Abatement
For properties within New York City, this program provides a property tax abatement of 7.5% per year for four years, totaling 30% of the solar installation cost. This abatement is applied after other incentives and is capped at $62,500 per year or $250,000 total.