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Solar Power Incentives

Incentives Help Make Solar Power Affordable

The federal government and various states have programs in place that help reduce the cost of a new solar power system.  These programs were instituted to encourage sustainable energy programs in order to reduce the reliance on fossil fuels for electricity generation.  Solar, as a clean distributed generation resource, helps reduce the load on the electricity grid during times of high electricity use.  As a result, many utilities will also provide incentives.

Solar Power and the Federal Investment Tax Credit

The Federal Investment Tax Credit, or ITC, was put in place to encourage the installation of solar power systems by residential and commercial property owners.  The ITC offers a tax credit against the income tax liability for owners of solar powered properties but the incentive is scheduled to be phased out over the next few years.  If you are considering solar power, you should act quickly to take full advantage of the ITC.  Con Edison Solutions can make you aware of the current status of the ITC; however, we also recommend that you consult your tax advisor for more details on how this credit could impact your taxes.

States also Offer Solar Power Incentives

Like the federal government, many state governments also have programs to help support the installation of solar power systems.  What is offered and how it is structured depends upon the state.  Some states offer tax credits similar to how the ITC works, but others offer deductions on taxes and some provide rebates or other incentives.

Various state agencies administer the solar programs in the states where Con Edison Solutions operates.  We can advise you on the programs available in your state but we recommend you speak with your financial or tax advisor to learn more about how these programs may be applied to your situation. The best way to ensure that you receive all current incentives is to go solar now.

 

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We Have Some Exciting News!

As you may already be aware, the solar installation business known as Ross Solar was acquired by Con Edison Solutions more than two years ago. Since then, we have fully integrated all areas of the business and have continued to provide a great level of service to our customers in Connecticut, New York, and Massachusetts. In order to now acknowledge our full integration, Ross Solar will be taking the name of Con Edison Solutions. For all of our valued customers, suppliers, and friends, you will continue to benefit from the expertise of the same solar professionals, the exceptional level of service we are known for, and the same quality products that you have come to expect.

In the coming weeks, our website will begin redirecting you to the Con Edison Solutions website where you will find all of the information that you have found here. Con Edison Solutions looks forward to continuing to meet all of your solar and battery storage needs.

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