Tag Archives: solar energy

Great News! Cuomo signs rooftop solar installation loan bill

Governor Andrew M. Cuomo this week signed legislation that will allow Long Island homeowners to fund the purchase of their rooftop solar energy systems through state loans that are paid back through their energy bill.

The bill, originally proposed two years ago by Assemblyman Steven Englebright (D-Setauket) but sponsored by two upstate legislators, is expected to give a needed boost to the local solar rooftop market.

The new law allows customers to borrow up to $25,000 of the cost of a solar system through state loans at around 3 to 4% interest. The loans are through the New York State Energy Research and Development Agency (NYSERDA). The program aims to reduce energy bills by approximately the amount of the monthly loan payment — thus largely eliminating the high upfront cost of systems.

Englebright, a co-sponsor of the newly signed bill who has long supported renewable energy causes, hailed its passage. “This adds incentives in a way that over time more and more people will have an opportunity to save money and improve home equity” by the addition of energy-producing solar panels, he said.

LIPA spokeswoman Elizabeth Flagler said the authority will offer the program. Englebright and local installers say they expect the authority to be quick to adopt it.

Matt Nelligan, a senior aide to state Senator George Maziarz (R-Newfane), who sponsored the bill, said the measure also would provide up to $50,000 in loans to small businesses and not-for-profits to install solar energy systems. Gordian Raacke, executive director of Renewable Energy Long, said the program will give a big boost to home solar sales because it will address the high-cost of systems.

Excerpts of original article by MARK HARRINGTON, Published in Newsday, October 24, 2013

 

85% of NY’s Electorate is Willing to Pay More for SOLAR

Income is not determinative of willingness to pay for more solar in New York.  Fully 82% of lowest-income respondents interviewed (less than $30K/yr) indicate a willingness to pay something more.  This is only slightly lower than the highest-income respondents ($100K/yr or more), among whom 88% are willing to pay something more each month.

New Polling shows an 81% APPROVAL for NY SOLAR

New Yorkers love solar energy—recent polling shows that an overwhelming majority of voters, of all political parties and from all regions of the state and all income levels, support proposals to increase the use of local solar power.  With widespread support for Governor Cuomo’s NY Sun Initiative and even stronger support for the NY SolarContinue Reading

NEW YORK SOLAR JOBS DAY EVENTS Please join fellow citizens, the local solar workforce, public and private leaders, local organizations, and the NY Solar Jobs Coalition to discuss the benefits and opportunities of a thriving solar energy economy in New York State. Come learn about solar jobs, going solar and the New York Solar JobsContinue Reading

Long Island Reaches a SOLAR Milestone

As the world celebrated Earth Day, a very worthy milestone was reached here on Long Island — the 5000th solar roof. “A decade ago Long Island had only a handful of rebated solar installations; it now has 5,000 solar roofs,” said Gordian Raacke, Executive Director of Renewable Energy Long Island, a local not-for-profit advocacy group.Continue Reading

Governor Cuomo calls for quadrupling solar in the state

NY Governor Andrew Cuomo made solar a priority in his “State of the State Address”. “In its first year, the NY-Sun Initiative will be capable of doubling the customer-sited photovoltaic capacity that was installed in 2011. By 2013, we estimate that NY-Sun will quadruple the 2011 capacity,” Cuomo said during the speech. The move drewContinue Reading

SEIA: Behind the Solyndra Headlines

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TOP 10 REASONS to put solar on your priority list:

1. Long Island is one of the best places in the country for solar. We enjoy the right combination of sunshine, altitude and temperature that makes our area excellent for producing energy from the sun. 2. Incentives for going solar in New York are very favorable and add in the obvious benefit of not havingContinue Reading

5 Myths of Solar Energy: Myth #4

 Americans change homes on the average of every seven years. You can never recoup your  investment on a solar system.    The latest data shows that not only will you make a profit on your investment but you will sell your home quicker if you have a solar electric system installed. And as today’sContinue Reading

5 Myths of Solar Energy: Myth #3

Myth #3: Solar electric systems will destroy the aesthetics of my home Most people who make this complaint are thinking about older solar hot water systems which employ large panels that sit in plain site on the roof. While I think solar hot water systems are very useful appliances for any home, solar electric systemsContinue Reading