Solar Electric Generating Systems Tax Abatement Program

The Solar Electric Generating Systems Tax Abatement program helps people save money on taxes who build a solar electric generating system in their homes or businesses in New York City. This program is part of the City's plan to be more sustainable. It provides an incentive for building owners to use cleaner power and cut down on pollution.

A solar electric system uses solar energy to generate electricity. It does not include equipment that is a component of a non-solar electric generating system or that uses a recreational facility or equipment as storage.

Program benefits:

• You can get a tax abatement for four years.
• The abatement is 5 percent of the money you spend on the system.
• The most you can get is $62,500 per year for four years or the amount of the building yearly tax liability, whichever is less.

Contact the Department of Buildings for more information.