NYSERDA Rebate Will Decline Again Soon.
NYSERDA regularly decreases this amount.
Last fall, the rebate was $1.00/watt.
For example: If you had installed a 10000 watt solar system on your home last fall, NYSERDA would have paid $10,000 toward the cost of your system. At 70 cents per watt today, they would pay $7,000 of the cost.
NYSERDA sets aside a certain number of KWs in "blocks" for each rebate amount. When a particular block is used up, then the rate drops and the next block starts being used.
In the current 70-cent block, 68% is used, leaving only 32% of the block available. Once the block is used up, then the rebate drops to 60 cents per watt.
BOTTOM LINE... If you are considering solar, you should act now.