Close
chat-icon
call-icon

Solutions for your home

Aside from the significant savings on your energy bills, there are several financial incentives that going solar could qualify you for. Our team of specialists is extremely knowledgeable and will make sure you are getting the most money back on your system. Should you have any additional questions, we will be happy to help you.

Purchase:

  • You own your system
  • Purchasing the system is the easiest way to maximize your savings
  • No hassle of monthly payments
  • Although you pay more up front, your system will more than pay for itself with your energy savings.

Lease:

  • Go solar for $0 down
  • SunPower owns your system.
  • You lease the system installed on your home through monthly payments and utilize the solar energy produced.
  • You get to lock-in your electricity cost for 20 years.
  • You have guaranteed access to solar energy for 20 years
  • If something breaks, SunPower takes responsibility to repair the issue
  • Should you decide to sell your home, SunPower can guide you through your options, including the ability to transfer your lease to the new homeowner.

Loan:

  • You have a fixed monthly payment
  • You own your system and all energy produced once your loan is completed
  • Loans can be anywhere from 5-20 years in length
  • No penalties for prepayment for any loan service

Incentives

New York City

  • New York State Energy Research and Development Authority (NYSERDA) offers it’s New York City customers a rebate, which we take directly off the cost of your system, for going solar. This incentive is based on system size. The money you can receive for going solar decreases as more and more homeowners draw from this fund, so in order to get the most money off your system, it is best to sign up immediately. The earlier the better! Our staff will ensure your rebate is applied for and take the burden of the application process off of you.
  • The Department of Finance also offers a tax abatement for solar customers. This tax abatement is 5% of your system cost spread out over 4 years. Once your system is installed and inspected, our staff ensures all necessary paperwork is submitted in order for you to start receiving this tax abatement the following tax year.
  • State and Federal tax credits are also available to our New York homeowners. Depending on whether you purchase or lease a system, you can submit additional forms with your tax return in order to write off your system.

Long Island

  • State and Federal tax credits are available for Long Island homeowners who have decided to put solar on their homes. Tax forms will be provided for you to file with your tax return, once you decide to go solar.

Hudson Valley

  • New York State Energy Research and Development Authority (NYSERDA) offers its Hudson Valley customers a rebate, which we take directly off the cost of your system, for going solar. This incentive is based on system size. The money you can receive for going solar decreases as more and more homeowners draw from this fund, so in order to get the most money off your system, it is best to sign up immediately. The earlier the better! Our staff will ensure your rebate is applied for and take the burden of the application process off of you.
  • State and Federal tax credits are available for Hudson Valley area homeowners who have decided to put solar on their homes. Tax forms will be provided for you once you decide to go solar to file with your tax returns.

Connecticut

  • Connecticut customers are eligible for a 30% federal tax incentive when installing solar on their home as a loan or cash purchase
  • All customers (cash lease or loan) in connecticut receive a rebate based on the system size and which financing option you choose. This rebate is taken off the price of your solar system

Massachusetts

  • Massachusetts customers are eligible for a 30% federal tax incentive
  • May also receive an additional $1000 incentive from the state
  • Homeowners in this state receive Solar Renewable Energy Credits (SRECs) which can be sold throughout the life of the system. We have options to help you best utilize these credits and our specialists will be happy to discuss them with you.