By Donald T. Ross
Governor Andrew Cuomo, as part of his ongoing “NY-Sun” program intended to accelerate customer-sited solar electricity capacity in New York State, recently signed into law three bills which further this initiative.
Chapter 406 of the Laws of 2012 exempts the sale and installation of commercial solar energy systems—defined as systems which convert solar radiation to energy for cooking, hot water or electricity—from State sales taxes, beginning January 1, 2013, and grants municipalities (counties and cities) the power to exempt these systems from local sales tax. New York’s similar program for residential solar energy systems continues unchanged.
Continue Reading New York State Extends and Expands Solar Energy System Tax Incentives