New York’s Megawatt Block Incentive, part of the NY-Sun Initiative, is a dollars-per-watt rebate available to commercial properties with solar systems. Depending on the size of your system, you could get paid as much as $1 per watt!

Connecticut business owners with solar systems are paid for their contribution. For every 1,000kWh or 1 Megawatt your system produces, you’re given a Solar Renewable Energy Credit, which you can cash in. You’re getting paid for going solar!

Massachusetts business owners can apply for the Modified Accelerated Cost Recovery System, in which they can depreciate their system over a five-year period. SMART program members are paid 29 to 31 cents per kilowatt-hour by electric companies. And net metering allows system owners to receive credit toward their utility bills for excess energy produced.

New Hampshire’s Commercial and Industrial Solar Incentive pays 20 cents per watt for new solar systems to cover 25% of the system cost or up to $10,000. The Renewable Energy Property Tax Exemption allows New Hampshire towns and cities to offer a tax exemption for system installs.

The new Successor Solar Incentive program, officially dubbed “SuSI” replaced NJ’s popular solar renewable energy credit market. The SuSI program opened for new projects on August 28, 2021. The program provides one NJ Solar Renewable Energy Certificate-II (NJ SREC–II) for every megawatt-hour (MWh) of solar electricity produced ($100/MWh for 15 years).  An additional $20/MWh adder is being provided for public entities – such as school districts, municipalities, and public colleges and universities.

Rhode Island provides property tax and sales tax exemptions for manufacturers’ solar systems. Solarize Rhode Island has developed a competitive tiered pricing system that increases savings for residents and businesses who sign contracts to go solar. Business owners can also apply for the Commercial-Scale Funding Program of the Renewable Energy Fund and receive grant money toward your system.