According to the Solar Home and Business Journal, the New York Solar Energy Industries Association is pleased with New York State’s incentive program designed to promote the development of the solar thermal energy industry. The NYSEIA praised officials for establishing an incentive program worth $25 million over a five year period which will encourage residential and non-residential structures to have installed systems which will heat water using energy from the sun.
Residential solar thermal heating systems will be eligible to receive up to $4,000 upon installation. Non-residential installations can expect to receive up to $25,000 for replacing their electrically heated hot-water systems with thermal solar systems.
The executive director of the Solar Trade Association, Gail Markels, said that the new program “includes incentives needed to jump-start the solar thermal market. These incentives are an excellent first step in creating a robust solar thermal market and will help to continue to bring clean-energy jobs and economic development to the state.”