Can I still get the federal solar tax credit?

No, not if you buy the system and installation is completed after December 31, 2025 ( Federal Residential Clean Energy Credit (25D)). If a company leases you the panels or sells you the power, that company may still claim a business credit and may pass some value on through the price.

New York Solar Incentives and Rebates (2026)

Q: Does New York have a solar tax credit?

Yes: NY State Solar Energy System Equipment Credit (Tax Law 606(g-1)) ( 25% of qualified solar equipment expenditures, up to $5,000; non-refundable; excess carries forward 5 years).

Federal incentives

Federal · tax creditClosed

Federal Residential Clean Energy Credit (25D)

30% for systems installed 2022–2025; not available for installations completed after December 31, 2025^[1]

The 30% federal credit for homeowners who bought solar ended with Public Law 119-21. A system counts in the year its installation is completed, so paying in 2025 for a 2026 installation does not qualify.

Who: Homeowners who bought and installed a system by December 31, 2025 claim it on IRS Form 5695 for that tax year.
Deadline: December 31, 2025
Checked: November 5, 2026

Federal · tax creditEnding soon

Business credit for leased and PPA systems (48E)

Claimed by the system owner, not the homeowner; solar must begin construction by July 4, 2026 or be in service by December 31, 2027^[2]

If a company owns the panels on your roof (a lease or power purchase agreement), that company may claim the business clean electricity investment credit and can reflect it in your price. You cannot claim it yourself.

Who: Third-party-owned systems (leases and PPAs). Ask the provider whether the price assumes this credit.
Deadline: December 31, 2027
Checked: November 5, 2026

State incentives in New York

State · tax creditAvailable

NY State Solar Energy System Equipment Credit (Tax Law 606(g-1))

25% of qualified solar equipment expenditures, up to $5,000; non-refundable; excess carries forward 5 years^[3]

Confirmed on tax.ny.gov/pit/credits/solar_energy_system_equipment_credit.htm (that page says the credit is 25%, capped at $5,000, non-refundable, and can be carried over for up to five years, on Form IT-255). The tax.ny.gov page was last updated 2019-12-16. In the statute text, (g-1) mentions storage only in an exclusion ('recreational facility or equipment as a storage medium'). Battery storage is not added to this credit.

Who: Solar equipment that is bought, leased, or used under a power purchase agreement of 10+ years and installed at the taxpayer's principal residence in New York. Claimed on Form IT-255.
Maximum: $5,000
Deadline: No sunset in statute text
Checked: November 5, 2026

State · rebateClosed

NY-Sun Affordable Solar Residential Incentive (low-to-moderate income)

$0.80/W in the Con Edison and Upstate regions and $0.40/W on Long Island, for households below 80% of area median income. The Con Edison and Upstate blocks are fully subscribed.^[4]

The status for Con Edison and Upstate comes from the chart tooltips (0 MW available, close dates shown). For Long Island, the dashboard text gives $0.40/W but shows no block status, so the Long Island status is unverified. NYSERDA's 'Paying for Solar' page still advertises Affordable Solar for households under 80% AMI.

Who: Households earning less than 80% of area median income, verified through NYSERDA's Income Eligibility Application.
Deadline: March 9, 2026
Checked: November 5, 2026

State · rebateClosed

NY-Sun Residential Megawatt Block incentive (NYSERDA)

Closed in all three regions. Last residential blocks: Con Edison Block 10 at $0.15/W (closed 5/29/2025), Long Island Block 4 at $0.20/W (closed 4/17/2016), Upstate Block 14 at $0.15/W (closed 12/17/2025).^[5]

Block data was read from NYSERDA's embedded chart pages: portal.nyserda.ny.gov/BlockChart_ConEd_Page, BlockChart_LongIsland_Page and BlockChart_Upstate_Page. Upstate Block 14 was $0.15/W for 29,000 kW (opened 08/04/2025, closed 12/17/2025) and was limited to NYSEG, RG&E and National Grid territories. Every residential block in every region showed 0 MW 'Available'. The quote is from the ConEd dashboard page.

Who: Was paid to NY-Sun participating contractors and passed through to homeowners.
Deadline: December 17, 2025
Checked: November 5, 2026

State · rebateAvailable

NYSERDA Residential Energy Storage Incentive (market-rate, Inclusive Storage Incentive, and Long Island)

Rest of State: $200/kWh (Block 1). Con Edison: $250/kWh (Block 1). Inclusive Storage Incentive (ISI): $450/kWh (Block 1). PSEG Long Island single-family: $250/kWh (Block 2). Paid on up to 25 kWh per home.^[6]

Rates and budgets were read from portal.nyserda.ny.gov/Core_BlockChart_Page?programName=Residential Storage Incentive Program and PV_BlockChartV2_Page (Long Island: 'Current Incentive : $250/kWh'). The quote is from the Residential and Retail Storage Incentives page. Rest of State Block 1 is nearly exhausted. ISI eligibility details (DAC tract, <80% AMI, affordable housing) come from search snippets of NYSERDA webinar documents I did not open, so they are left out of this entry.

Who: Standalone or solar-paired home batteries installed by a NYSERDA-approved storage contractor. Incentives are paid on up to 25 kWh. ISI is the income- or location-qualified tier. Long Island projects apply through the NY-Sun Long Island Single-Family Residential Storage Incentive.
Deadline: First-come, first-served by block. Remaining budget on 2026-11-05: Rest of State Block 1 $321,550 left of $5.0M (Block 2 at $175/kWh not yet open); Con Edison Block 1 $5,507,425 left of $6.25M; ISI…
Checked: November 5, 2026

State · tax exemptionAvailable

Real property tax exemption for solar (RPTL 487)

For 15 years, the added assessed value from the solar system is exempt from property tax^[7]

The 15-year term and opt-out rule are in the statute and in the tax.ny.gov Assessor Manual (updated 2026-02-10): https://www.tax.ny.gov/research/property/assess/manuals/vol4/pt1/sec4_01/sec487.htm. Opt-out list: https://www.tax.ny.gov/research/property/legal/localop/487opt.htm (updated 2026-10-27). In NYC, NYSERDA says the city's abatement (RPTL 499-bbbb) is offered instead of this exemption.

Who: Solar (and wind, farm waste, storage, etc.) systems built before 1/1/2030, outside jurisdictions that have opted out. The owner files Form RP-487 with the local assessor.
Deadline: December 31, 2029
Checked: November 5, 2026

State · tax exemptionAvailable

State sales tax exemption for residential solar equipment and installation (Tax Law 1115(ee))

Equipment and installation are exempt from the 4% state sales tax and the MCTD tax. Local sales tax is exempt only where the county or city has opted in.^[8]

Local option: Pub 718-S (3/22, effective March 1, 2022; https://www.tax.ny.gov/pdf/publications/sales/pub718s.pdf) lists Erie County, Nassau County and New York City at a 0% local rate (local exemption adopted). Monroe County is in Part 1 (no local exemption) at a 4% local rate. The publication is dated 2022 and may not reflect later local changes.

Who: Residential solar energy systems equipment that produces heating, cooling, hot water and/or electricity for a residence, plus installation. PPA electricity is covered separately under 1115(ee)(2).
Deadline: No sunset in statute text
Checked: November 5, 2026

Local incentives in New York

Local · tax exemptionAvailable

NYC Solar Electric Generating System (SEGS) and Storage Property Tax Abatement (RPTL 499-aaaa to 499-gggg)

7.5% of eligible solar and/or storage cost per year for 4 years (30% total). Each year is capped at the lesser of $62,500 or that year's property tax.^[9]

'Compliance period' (RPTL 499-aaaa(4)) is the tax year the abatement starts plus the three tax years after it, so 4 years in total. The NYC DOF page https://www.nyc.gov/site/finance/property/landlords-solar-roof.page shows 7.5% for 1/1/24 through 1/1/35 and a $62,500 cap. The 30% total is computed as 7.5% x 4 years.

Who: Tax class 1, 2 and 4 properties in New York City. The NYC Department of Buildings approves applications, and the abatement starts July 1 after approval. Properties getting ICAP, 421-a, 421-b, 421-g or paying PILOTs are not eligible.
Maximum: $62,500
Deadline: December 31, 2034
Checked: November 5, 2026

Only for Consolidated Edison Company of New York customers.

How these incentives stack

Cash rebates are paid first and usually reduce the cost a tax credit is based on. State tax credits only help if you owe enough state income tax. Exemptions (sales and property tax) apply automatically or through a form, and they do not reduce what you owe the installer on paper, so check that a quote does not charge tax that the law exempts. The calculator applies the programs it can model and lets you switch utility rebates on or off.

New York Solar Incentives, Rebates and Tax Breaks