Tax Incentives

Tax Incentives for Energy Efficiency

Overview: Various tax incentives are available to support the adoption of energy-efficient technologies in homes and businesses. These incentives aim to lower the upfront costs associated with energy efficiency upgrades.
Federal Tax Credits: Homeowners can claim a percentage of the cost of energy-efficient upgrades such as solar panels, heat pumps, and insulation through the federal tax credit system.
State Tax Credits: New York offers additional tax credits, including reduced sales tax for energy-efficient products and property tax abatements for green buildings.
Local Incentives: Some local municipalities offer further incentives, such as reduced building permit fees for energy-efficient constructions.