IncentEdge's verified catalog covers New York: NYSERDA and other state programs, New York City programs, and utility incentives from Con Edison, National Grid, NYSEG, RG&E, Central Hudson, Orange & Rockland and PSEG Long Island. Each program links to its published source and shows the date it was last verified.
Clean Electricity Investment Credit (48E) - energy storage · Federal IRS
“(i) Base rate In the case of any energy storage technology which is not described in subclause (I) or (II) of clause (ii) and does not satisfy the requirements described in subclause (III) of such clause, the applicable percentage shall be 6 percent. | #### (ii) Alternative rate In the case of any energy storage technology- (I) with a capacity of less than 1 megawatt, (II) the construction of which begins prior to the date that is 60 days after the Secretary publishes guidance with respect to the requirements of paragraphs (3) and (4) of subsection (d), or (III) which- (aa) satisfies the requirements of subsection (d)(3), and (bb) with respect to the construction of such property, satisfies the requirements of subsection (d)(4), the applicable percentage shall be 30 percent.”
Each figure is one program's own published amount, linked to its source. Amounts from different programs are never added together.
Catalog last verified October 10, 2026
Overview
New York's clean energy programs are administered by the New York State Energy Research and Development Authority (NYSERDA) and other state agencies, by New York City, and by the state's utilities, including Con Edison, National Grid, NYSEG, RG&E, Central Hudson, Orange & Rockland and PSEG Long Island. State, city and utility programs were not changed by the One Big Beautiful Bill Act.
Federal credits still add to these programs, with new limits. The §48E investment tax credit covers solar, storage and other clean energy property, and projects in a designated energy community can claim a bonus on top. Under the One Big Beautiful Bill Act, wind and solar projects must have begun construction by July 4, 2026, or be placed in service by December 31, 2027; storage keeps a longer phase-down. The §179D deduction has ended for property whose construction begins after June 30, 2026, and the §45L credit for homes acquired after that date. See the federal credit guides for details.
Programs in the Catalog
A sample of New York and federal programs from the IncentEdge catalog, most recently verified first. Each figure comes from the program's published source.
ConEd Affordable Multifamily Energy Efficiency Program -- AMEEP-E (Full Electrification)
The NY Green Bank is a state-sponsored investment fund that provides below-market financing for commercial clean energy projects. It does not compete with private capital. It fills gaps where conventional lenders are unwilling or unable to provide financing.
The Green Bank offers construction loans, permanent term debt, letters of credit, and credit enhancements for solar, wind, energy efficiency, EV charging infrastructure, and clean heating and cooling projects. It is a financing source rather than an incentive, and it is not part of IncentEdge's verified catalog, so confirm current terms with NY Green Bank directly.
Utility Programs
New York's utilities run their own incentive programs alongside NYSERDA's. The IncentEdge catalog includes programs from Con Edison, National Grid, NYSEG, RG&E, Central Hudson, Orange & Rockland and PSEG Long Island. Three of the largest:
Con Edison
New York City + Westchester
Commercial and multifamily energy efficiency and electrification incentives, heat pump incentives for small businesses, and EV charging programs.
PSEG Long Island
Nassau + Suffolk Counties
Heat pump, geothermal and multifamily efficiency rebates, smart thermostat rebates, and EV fast-charging programs. PSEG LI administers LIPA's incentive programs.
National Grid (NY)
Upstate New York
Affordable multifamily efficiency incentives, heat pump water heater rebates, and heating electrification incentives for large businesses.
New York State Tax Credits
Solar Energy System Equipment Credit
25% of qualified cost (up to $5,000)
New York residents can claim a state income tax credit equal to 25% of qualified solar energy system equipment expenditures at their principal residence, limited to $5,000. The credit is not refundable, but any amount above the tax due can be carried over for up to five years. Source: NYS Department of Taxation and Finance.
NY Energy Community Zones
Projects located in "energy communities" can claim a bonus on the federal investment or production tax credit. Some New York sites qualify. A site counts as an energy community if it falls in one of these federal categories (IRS Notice 2023-29):
Brownfield sites
Statistical areas meeting fossil fuel employment or tax revenue thresholds, with unemployment at or above the national average
Census tracts where a coal mine closed after 1999, and adjoining tracts
Census tracts where a coal-fired generating unit retired after 2009, and adjoining tracts
Statistical area designations are updated each year by Treasury and the IRS, so check your site against the current federal list. IncentEdge applies the bonus only when you confirm the site qualifies.
Getting Started with NY Incentives
Navigating New York's incentive landscape requires understanding which programs apply to your project type, utility territory, location, and ownership structure. IncentEdge automates this entire process.
01
Enter Project Details
Technology type, location, project size, and ownership structure.
02
AI Matches All Programs
IncentEdge cross-references federal, NYSERDA, utility, and local programs.
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Get Full Stack Analysis
Receive a stacked incentive model with application deadlines and documentation requirements.
Frequently Asked Questions
Can you stack New York incentives with the federal ITC?
Often, yes. State and utility incentives are separate from federal tax credits, and many projects claim both. Each program sets its own rules, and some incentives affect how the federal credit is calculated, so check the terms and ask a tax advisor before counting on a combined total. For solar and wind, the federal credit now carries the construction-start and placed-in-service deadlines set by the One Big Beautiful Bill Act.
What is the NY-Sun Megawatt Block incentive?
NY-Sun provides upfront MW Block incentives for residential and commercial solar installations. Incentive levels vary by utility territory and capacity block. Once a block fills, the incentive steps down to the next lower level. NY-Sun is not yet in IncentEdge's verified catalog, so check NYSERDA's current block levels before relying on a figure.
What does the NY Green Bank finance?
NY Green Bank provides financing for commercial-scale clean energy projects including solar, wind, energy efficiency, and storage. It offers construction loans, term debt, and credit enhancements at rates below conventional markets.
What is the NY Clean Heat program?
Clean Heat is a NYSERDA program that provides incentives for replacing fossil fuel heating systems with electric heat pumps. Incentives vary by fuel displaced (oil, propane, or natural gas) and system type. Commercial and multifamily projects can receive significant per-unit incentives.
Does New York qualify for the federal energy community bonus adder?
Some New York sites do. Eligibility depends on the site: brownfield sites, statistical areas that meet federal fossil fuel employment or tax revenue thresholds and have unemployment at or above the national average, and census tracts (or adjoining tracts) where a coal mine closed after 1999 or a coal-fired generating unit retired after 2009 (IRS Notice 2023-29). Statistical area designations are updated each year, so check the site against the current federal list. IncentEdge applies the bonus only when you confirm the site qualifies.
Find the NY + Federal Incentives for Your Project
IncentEdge matches your New York project against the verified catalog of state, NYC, utility and federal programs, with the source and verification date for every figure.