Pon 2112 Announced: Financial Incentives to Follow

The Pon 2112 programs was recently announced to the public as a way to receive financial support for registered installers. The New York State Energy Research and Development Authority (NYSERDA) provides cash incentives for the installation by Eligible Installers of new grid-connected Solar Electric or Photovoltaic (PV) systems that are 7kW or less for residential and 50 kW or less for commercial sites. Funding for the Solar Electric Incentive Program has been allocated by the New York State Renewable Portfolio Standard. The goal of the program is to install 82 MW or 93,806 MWhs of Solar Electric Power systems. Incentives will be granted on a first-come, first-served basis, and PV incentive applications will be accepted through December 31, 2015, or until funds are fully committed. This program is expected to be a huge catalyst in the green movement, specifically in the installation of renwable energy systems in New York