Realize Significant Revenue from Underutilized Property, such as  Rooftops, Open Land and Parking Lots.

Hosting a solar array on your property - FAQ

Does my property qualify for Solar?


Many property types qualify as a solar array site. A host site can be a school, a public building, a commercial or industrial property and open land. The electric utility must be able to interconnect the property. Additionally, local zoning rules must allow for the use of land as a solar distributed generation site.




What incentives are available to property owners and solar energy investors?


The 30% Federal ITC The federal solar tax credit, also known as the investment tax credit (ITC), allows you to deduct 30 percent of the cost of installing a solar energy system from your federal taxes. The ITC applies to both residential and commercial systems, and there is no cap on its value USA: Modified Accelerated Cost Recovery System (MACRS) Depreciation The Modified Accelerated Cost Recovery System (MACRS), established in 1986, is a method of depreciation in which a business’ investments in Solar sssets are recovered, for tax purposes, over a specified a cost recovery period of five years. Bonus Depreciation Congress passed the Protecting Americans from Tax Hikes Act of 2015, which included a 5-year extension of bonus depreciation, including a phase-out that is structured as follows: 2015-2017: 50% bonus depreciation; 2018: 40%; 2019: 30%, 2020 and beyond: 0%. NY-Sun offers financial incentives for installation of solar panel arrays.




What type of solar equipment warranties and rooftop workmanship insurance are available?


The Product warranties normally extend between twenty and twenty-five years and cover material defects and workmanship. Panels are rated to withstand a certain levels of natural forces, such as, hurricane scale winds. Additionally, in many cases, a power warranty guarantees a certain level of power production that incorporates expected levels of degradation (each panel has a degradation rate) so that over the first twenty years of panel life, panels will be replaced, or you may receive reimbursement, for any below than expected power production, depending on the terms of the warranty. In other words, your capital investment is protected with strong product warranty.




Leasing Your Rooftop / Open Land


If you decide to lease your property, all costs related to permitting, construction, operations, and maintenance of the solar panel system will be paid for by the lease provider. You will receive a stable monthly revenue for 20 years with extensions up to 30 years.




Which are the three most common types of Community Solar Project Structures


Utility or 3rd Party Model A utility or 3rd party owns / operates a solar project that is open to voluntary membership.

Special Purpose Entity (SPE) Model Individual / Institutional investors join in a business enterprise to develop a community solar project

Nonprofit (Donor) Model Individuals or businesses contribute to a solar installation owned by a charitable non-profit corporation.





Explore Your Property's Potential for Community Solar

With just, your zip code and email address, you can begin the journey to becoming a producer of clean renewable energy, not only saving on your own energy costs but also, generating a revenue stream for decades. 

or call us directly at:

646-374-6804 

 

send us an inquiry to:

denise@communitysolarworks.net

 

With your property's zip code and an indication of either roof-top or open land, we can respond with a thorough fact sheet of your property's energy production prospects.

 

Property owners may request a commitment-free proposal along with various financial and warranty options. 

Solar Carports

Parking Lot Owners can realize significant monthly revenues protected by 20 to 25 years of the complete solar panel product warranty. 
 
EV Charging Station (charging station revenues)
Monitoring Equipment 
LED Lighting

Project investors benefit from Federal, State and local tax incentives. In many cases, cash rebates and financing opportunities offered by renewable energy state agencies also apply to Community Solar projects.

Ground Mount

Property owners with unused farmland or large vacant lots can take advantage by leasing their land for large or medium-sized solar arrays. Solar projects are based on 20 plus year power purchase agreements that can be extended beyond thirty years. 
 
Project investors benefit from Federal, State, and local tax incentives. In many cases, cash rebates and financing opportunities offered by renewable energy state agencies apply to Community Solar projects.

Roof Top Solar

We offer a full rooftop experience starting with any needed roofing maintenance prior to system installations.
 
An installed system may offer up to 30+ years of energy production and a revenue stream of 20+ years backed by 20+ years solar panel warranties. 

Project investors benefit from Federal, State and local tax incentives. In many cases, cash rebates offered by renewable energy state agencies apply to Community Solar projects.

Energize Your Community Today

Community SolarWorks LLC

222 Broadway 

19th Floor

New York, N.Y. 10038

646-374-6804

Please send any inquiries to 

denise@communitysolarworks.net

 

Government Links

NYC Mayor's Office of Sustainability

NYSERDA - Community Solar

U.S. Department of Energy