Affordable Solar

Affordable Solar is a NYSERDA (New York State Energy Research and Development Authority) program designed to provide solar power to residents who can benefit the most from cheaper electricity -- those who pay proportionately more of their income for it. For eligible homeowners, the rebate incentive for PV systems is doubled; and sometimes, when the regular rebate has expired, there is still a rebate available for low-income households.

The NYSERDA rebate is taken directly off the up-front cost of the system. Rebate levels decrease over time as megawatt blocks of solar go on-line; current levels can be found here. For example, as of December 2025, the rebate for residential systems had expired but the Affordable Solar rebate for residential systems is $0.80/watt.

To be eligible, customers must make less than 80% of the median area income. This varies by county (eligibility levels can be found here).

For example, the eligible income limits for Tompkins County residents as of December 2025 are:

Tompkins County

Income limits

1 person

$67,400

2 person

$77,000

3 person

$86,650

4 person

$102,240

5 person

$118,592

6 person

$134,944

7 person

$138,016

8 person

$141,088

9 person

$144,160

10 person

$147,216

In addition, homeowners may also be able to take advantage of low-interest loans. There are two basic options: (Note: If you are eligible for this program, you may also qualify for free or discounted home energy improvements through the Assisted Home Performance with ENERGY STAR® or EmPower programs.)

OPTION 1: Residential and Small Business/Not-for Profit On-Bill Recovery Loan

Provide the convenience of paying for energy improvements on your utility bill.

The current interest rate is 3.49% for residential loans and 2.5% interest for small business and not-for-profit loans. Interest rates are subject to change.
Repayments are made through a monthly installment charge on your utility bill.
Monthly payments may not exceed the estimated energy cost savings from the energy upgrades, which means the energy savings may cover most or all of your loan payment.
In the event your property is sold, the unpaid balance of the loan may be transferred to the new owners.
For full eligibility requirements and instructions on how to apply for a Residential On-Bill Recovery Loan, visit Energy Finance Solutions or call 1-800-361-5663.
Learn more about the On-Bill Recovery Loan for Small Businesses and Not-for-Profits.

OPTION 2: Residential Smart Energy Loan

Offers affordable interest rates, flexible terms and simple repayment options.

The current interest rate is 3.99%, or 3.49% if repaid through automatic bank withdrawals. Interest rates are subject to change.
Repayments are made directly to NYSERDA’s loan servicer.
For full eligibility requirements and instructions on how to apply visit Energy Finance Solutions or call 1-800-361-5663