New York City residents have seen extremely high energy bills this winter, with utility rates increasing by up to 20 percent, according to a recent New York Post article. If you haven’t considered solar, this is the perfect time.
Installing solar panels on your roof stabilizes your electricity costs right away and protects you against increasing utility charges in the future. Current rebates and incentives cover about 60 percent of the system cost, making New York City the perfect place for solar to flourish both for homes and businesses. However, the federal tax incentive is expected to expire in 2016, and the 10 percent property tax abatement for NYC ends at the end of 2014.
The newest way to go solar in New York is on-bill financing, an option offered by Green Jobs-Green New York allowing homeowners to go solar for little or no-money down.
Why is on-bill a great choice? You can go solar for zero down with a very low interest, produce your own energy instead of buying from ConEd and pay down the loan through your current electric bill.
New York is investing in solar and you can too. Learn more about on-bill financing and other ways to start saving with solar at our upcoming seminar.
EmPower Solar is providing a free solar seminar to the Howard Beach community on April 8 at the Old Mill Yacht Club. To sign up or for more information email Christina at firstname.lastname@example.org, or call (516) 837-3459.