Governor Cuomo signed legislation that will extend the solar property tax abatement until 2019. This wonderful news from Albany hit the Greenlight office yesterday, and we are loving the fact that NY State is saying yes to a solar-powered future.
This is also great news for our customers as the State of New York is reaffirming their belief that solar the way to power its citizens.
New York Energy & Finance Chairman Richard Kauffman said, “I’m thrilled to see Long Island demonstrate what is possible through Governor Cuomo’s Reforming the Energy Vision strategy to democratize the production of power and make clean, resilient energy affordable for all New Yorkers. The growth of solar on Long Island is a testament to the role of New York State in building a self-sustaining solar industry to support job growth and protect the environment.”
Studies have indicated Long Island avoids 200,000 tons of carbon emissions annually as a result of all the homes and businesses that have gone solar.
In a previous post, we discussed the possible termination of the tax abatement by the end of the year. This brings renewed confidence to what we’re doing at Greenlight, and we are more inspired than ever to continue to deliver cost-effective, high-quality Green products and services to our customers.
To learn more about the tax abatement, please, read here →