It’s photovoltaic power — solar electric energy — and it harnesses the power of sunlight to supply your home with electricity. Simply put, photovoltaic (PV) systems produce electricity from sunlight through cells that are installed on your roof or elsewhere on your property. PV power doesn’t produce any noise or pollution, it’s reliable and dependable, and it’s renewable so it makes good sense for the environment. For example, a 2.5 kW system will provide about 2,900 kilowatt hours per year and can typically provide about 25 to 35% of an average home’s electricity needs. The more energy efficient your house is, the greater the impact of the PV system.
This is because New York State is offering cash incentives to bring down the cost of PV systems by 40 to 70%. These incentives from NYSERDA — New York State Energy Research and Development Authority — are available to all customers that pay the Systems Benefit Charge to their electric utility. Working with an eligible installer, you could receive between $4,000 and $5,000 per kilowatt for PV systems up to a maximum of 15 kilowatts. The chart below outlines the different incentive levels NYSERDA is now offering.
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