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New York State Solar Energy System Equipment Credit (SESEC)
Administered by New York State Department of Taxation and Finance
About this program
New York State offers a personal income tax credit equal to 25% of the cost of a solar energy system, up to $5,000. The credit directly reduces state income tax owed dollar-for-dollar, and unused amounts can be carried forward for up to five additional tax years.
Eligibility requirements
- Must be a New York State taxpayer
- System must be installed at your primary New York State residence
- Applies to purchased systems and qualifying solar leases/PPAs of 10+ years
- For leased systems, credit equals 25% of lease payments made during the year
- Unused credit can be carried forward for up to 5 years
Official program page
Visit official websiteOpens in a new tab. Always verify details directly with the program administrator.